• 2018 July 2 15:04

    Palau International Ship Registry (PISR) appoints Verifavia to provide IMO DCS verification services to its global fleet

    Palau International Ship Registry (PISR) has signed an agreement with VERIFAVIA (UK) LTD and VERIFAVIA SARL to act as independent verifiers and to conduct IMO DCS verification services for the registry’s worldwide fleet.

    Verifavia is a worldwide environmental verification, certification and auditing body for aviation and maritime transport and will work with PISR as independent verifiers to provide IMO Data Collection System (DCS) verification services to Palau-flagged vessels. The DCS reporting process uses the existing method of reporting of fuel oil consumption now commonly applied in the shipping industry. Verifavia will provide PISR vessels with a complete reviewed Data Collection Plan (DCP), which is to be included in the SEEMP Part II by 31 December 2018, allowing PISR to issue to its fleet a Confirmation of Compliance by 31st May 2020. This will be kept on board for the period of its validity enabling PISR vessel owners to start considering the methodology for collecting the fuel oil consumption data that is most appropriate for each ship.

    Panos Kirnidis, CEO of Palau International Ship Registry, believes this is a partnership that will benefit the registry’s growing fleet.

    “We have not been standing still since we were announced as the world’s fastest growing flag in 2017 and our aim is to blend technology with the skills and knowledge of our people to offer the highest standards of SMART IT services. This partnership with Verifavia is an extension of these services and vitally important as the latest IMO regulations will have a strong impact on global shipping. The IMO DCS regulations, which target the reduction of greenhouse gas (GHG) emissions from shipping, affect vessels and shipping areas. We now have an independent verifier to assist our fleet in navigating these regulations.

    “The IMO DCS requirements on the monitoring, reporting and verification of the fuel oil consumption data, distance travelled and hours underway came into force on March 2018, while the deadline for completion of the Data Completion Plan assessment is 31 December 2018.

    Based on the registered IMO DCS the reporting of the fuel consumption data and other transport works are recorded and the first reporting period is between 1 Jan - 31 Dec 2019.

    Following this PISR will be able to issue a relevant Statement of Compliance by 31st May 2020, which should be kept on board for the period of its validity. We want to ensure our fleet complies with these regulations and using Verifavia’s services will offer PISR ship owners and managers one single point of contact for a smooth transition.”

    Verifavia is fully accredited by the United Kingdom Accreditation Service (UKAS) and the French Accreditation Body (COFRAC) as a global EU Monitoring, Reporting, and Verification (MRV) Verifier. Verifavia is also the First Independent Verifier to Provide IMO DCS Verification, CSI Verification and CCWG Verification and is the only such body with a double accreditation.

    About Palau International Ship Registry:
    The Palau International Ship Registry (PISR), an open registry headquartered in Houston, USA and has its European head office in Athens, Greece. PISR was created by an amendment to the Title 7 of the Republic of Palau National Code in 2010 and was appointed by the Government of the Republic to carry out the day-to-day management of vessels registered to the flag as the Ship Registry Administrator.
    • PISR provides full administrative and technical support to the registration of vessels.
    • PISR is an active member of both the IMO and ILO and is a member of BIMCO, WCPFC.
    • Compact agreement of Free Association (COFA) with USA




2019 September 18

18:26 SGRE confirmed member of the Dow Jones Sustainability Indices in 2019
18:03 MOL repays existing loans through issuance of project bond for FPSO charter project
17:48 Russia’s Rosmorrechflot and Ministry of Industry and Trade develop preferential leasing programme
17:30 Vympel DB develops concept design for Arctic cruise ship
17:22 Metal Shark delivers new foil-assisted catamaran excursion vessel to Pure Florida
17:11 US Coast Guard shifts response efforts in Bahamas
17:03 ECSA considers the European State Aid Guidelines for maritime transport highly successful and key to maintaining a strong European shipping sector
16:39 Vigor hosts keel-laying ceremony for the U.S. landing craft MSV(L)
16:21 Vitol announces long-term LNG time charter contract with H-Line
16:03 Despite some positive indicators, concerns remain for offshore energy underwriters, reports IUMI
15:42 Wärtsilä Denmark joins Digitalisation in Shipping: Europe 2019 as Associate Partner
15:24 USCG ends search for migrants of capsized vessel off Martinica Beach
15:03 GTT receives an order from HHI & SHI for the tank design of six Very Large Ethane Carriers
14:50 FSUE Atomflot develops project on construction of 7MW icebreaking tugboat
14:33 Hapag-Lloyd to increase rates from North East Asia to Australia
14:16 Wärtsilä simulators provide advanced training at newly inaugurated Portuguese facility
14:14 Ørsted contracts Van Oord for cable installation at Greater Changhua offshore wind farms
14:12 GTT obtains Approval in Principle for Arc7 ice class ships from Russian Maritime Register of Shipping
14:03 ABS and Samsung Heavy Industries sign digital technology
14:00 SAAM Towage contracts Damen for delivery of tug vessel
13:31 Discussion “Development of recreational crafts and high-speed passenger vessels” begins at Neva 2019
13:10 Wärtsilä launches the Wärtsilä 31SG pure gas engine for marine market applications
13:04 International Association of Ports and Harbors visited by ICHCA representatives
12:38 RS issues Approval in Principle for new GTT’s LNG containment systems
12:03 LR awards Jiangnan AiP for 91,000 m3 VLGC Panda 91T design.
11:49 ADNOC acquires 10% of VTTI
11:30 LNG-fueled tugboat Ishin undergoes 1st LNG bunkering trial in Port of Kobe
11:02 ABS and Samsung Heavy Industries to develop next generation LNG carrier
10:37 Training underway for Jeddah Maritime Information Sharing Centre
10:21 Panama Canal signs agreement with Port of Rotterdam
10:12 TGS announces strategic milestones to accelerate growth
09:44 Brent Crude futures price is down 0.09% to $64.49, Light Sweet Crude – down 0.44% to $59.08
09:15 Baltic Dry Index is down to 2,283 points
08:56 MABUX: Bunker Market this morning, Sept 18

2019 September 17

19:06 Rosmorrechflot’s shipbuilding order for coming six years foresees construction of 147 vessels
18:29 Lead chemical carrier of Project 00216М named PortNews after our agency
18:05 MPC Capital and ZEABORN strengthen HARPER PETERSEN by combining their shipbroking activities
17:24 MOL issues integrated 'MOL Report 2019'
16:35 Eagle Bulk Shipping takes delivery of M/V Sydney Eagle
16:02 CMA CGM and TFG launch Rhine valley rail to German hinterland
15:30 CMA CGM announces FAK rates from North Europe to New Zealand
15:02 Sembcorp Marine’s Brazilian shipyard completes Petrobras P-68 FPSO
14:56 CMA CGM strengthens its intra-European and Mediterranean offer with the launch of the Black Sea Marmara Morocco service
14:10 Hapag-Lloyd announces General Rate Increase for Trans-Pacific eastbound
13:10 Zadar Cruise Port is Port of the Year 2019
12:10 Port of Oakland refrigerated exports jump 20 percent in past year
11:51 Combined Task Force Commanders discussed their shared aims and goals in tackling the threat of piracy
11:34 Lars Thrane makes its Iridium Certus® debut with the LT-4200 maritime satcom system
11:22 Belfast Harbour reveals ambitious growth plans
11:00 Marine cargo market characterised by “accelerating change” as underwriters take action to address continuing unprofitability, says IUMI
10:34 Safety at Sea and BIMCO publish cyber security white paper
10:27 ABS and Keppel partner in developing the first two new build Drilling Rigs with Smart Notations
09:43 Greenland research vessel picks MAN hybrid propulsion package
09:32 Brent Crude futures price is down 0.87% to $68.42, Light Sweet Crude – down 1.24% to $61.89
09:16 Baltic Dry Index is down to 2,311 points
08:56 MABUX: Bunker market this morning, Sept 17

2019 September 16

18:04 Ports draw $5B investment, 12K jobs to Georgia
17:59 GOGL increases investment in Singapore Marine
17:50 Pella launched first serial trawler of Project 03095, Castor
17:25 Tenders on pilot projects for stevedoring company concessions in Olvia and Kherson ports officially announced