The International Chamber of Shipping (ICS) has issued its annual Flag State Performance Table for 2024/25, voicing concerns about four newcomers.The Table provides an analysis of the extent to which flag State
The International Chamber of Shipping (ICS) has issued its annual Flag State Performance Table for 2024/25, voicing concerns about four newcomers.
The Table provides an analysis of the extent to which flag State administrations adhere to their responsibilities to follow global standards and regulations governing safety, environmental protection and the employment conditions of seafarers – as adopted by the IMO and ILO.
The latest ICS Table confirms that the vast majority of the global shipping industry is registered with flag States that strictly enforce global regulations, as shown, for example, by the results of Port State Control inspections.
Greece, Hong Kong SAR, Japan, Liberia (the largest), Malta, Marshall Islands and Singapore – where more than 53% of the world fleet is registered (according to UN Trade and Development) – continue to show all-green performance indicators on the latest ICS table.
Bahamas, China and Panama, also in the top 10 by tonnage, also demonstrate very good performance and a strict commitment to global maritime regulation.
Four Flag States have been included in the Table this year for the first time, reflecting the recent increase of shipping tonnage registered to smaller administrations. The new additions, Cambodia, Eswatini, Gabon and Guinea-Bissau are reportedly
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