Bermuda Shipping News — July 2013
The Minister of Economic Development of Bermuda, Grant Gibbons, recently announced the acceptance of the Bermuda Department of Maritime Administration (DMA) into the US Coast Guard QUALSHIP 21 (quality shipping for the 21st century) programme for its commitment to safety and the quality of its fleet. As such, going forward, owners of Bermuda-registered vessels will not be targeted for inspection in US waters by the US Coast Guard.
The QUALSHIP 21 programme provides incentives for well-run, quality vessels that are operated responsibly, and are typically found with few or no deficiencies. These quality vessels are recognised and rewarded for their commitment to safety and quality.
The Bermuda Ship Registry is a quality international ship registry that takes pride in the high standards of safety and pollution prevention of its ships. This fact is reflected by it being continuously listed on the ‘White List’ of the Paris MOU showing Bermuda-registered vessels as having a very low detention rate, which is testimony to the Bermuda Registry’s commitment to quality and safety. This means that Bermuda-flagged vessels suffer fewer delays while in port and can be used more profitably…
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This memorandum has been prepared for the assistance of those who are considering registration of a foreign limited partnership in the Cayman Islands.
This memorandum has been prepared for the assistance of those who are considering the operation of exempted limited partnerships in the Cayman Islands.