Paris: India is the big mover on the just published Paris MoU list of registries performance. India has climbed into the top tier white list, a billing topped by France and followed by Hong Kong. The list is divided into three segments, white for top performing flags, grey for middling registers and black for the worst offenders.
India is trying to make a greater play of its national register, and the upgrade to the white list should help some of the nation’s bigger private owners select the flag.
Of the 72 flags profiled by the Paris MoU 10 were on the black list, including the plummeting Belize registry, which dropped down from the grey list.
Falling from the white to grey this year were Spain, Lithuania, Poland and Thailand.