Marshall Islands celebrating flag milestone in China

Hong Kong: International Registries, Inc, the American company running the Marshall Islands (RMI) Registry, is celebrating the passing of 100m gt on its books at two events in China this year.

“We are delighted to celebrate this landmark achievement with shipowners and other industry stakeholders in the Chinese maritime community,” said Annie Ng, head of Asia, IRI. “Since 2011, there has been, on average, a 20% increase in the number of Chinese owners in the RMI fleet due to the shipyards and other maritime services companies in China that have expanded their global reach and influence,” she continued.

Reflecting on the importance of China to the government of the Marshall Islands and the RMI Registry, the country’s President Christopher Jorebon Loeak said he is looking forward to working more closely with China.

"We see many opportunities to develop our cultural and business ties with China in the future. There are many areas where our two countries can co-operate and collaborate in order to build a sustainable relationship based on our individual needs and shared economic interests," said Loeak.  [29/04/14]

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