Munich Personal RePEc Archive

The Importance Of International Registries For Naval Transport

Nistor, Filip (2013): The Importance Of International Registries For Naval Transport. Published in: International Scientific Conference dedicated to European Maritime Day of 20th of May , Vol. 1, No. ISSN 1843-6749 (17 May 2013): pp. 100-104.

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Abstract

Open and international registries have provided for a period of time an attractive method to shipowners wanted to minimize operating costs, for example, levying low or no tax on ship profits and imposing no manning restrictions, and on many occasions by escaping legislative implementation and administrative control. Seven countries from EU have a second or international register. Nowadays, about half of the world’s merchant ships were registered with open registries. The aim of the present paper is to analyze the international registries and their importance on shipping market.

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