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14th September 2018

The Marshall Islands Registry Recognizes Green Award Ships

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In support of quality shipping and promotion of high environmental standards, the RMI Registry joined the Green Award scheme. Ships registered in the RMI and certified by Green Award will be granted a 30% discount on the annual marine services fee.

The news was announced on 11 September 2018 at a festive welcome ceremony held in Athens. Green Award Chairman, Captain Dimitrios Mattheou, and Executive Director, Jan Fransen, presented a Green Award plaque to Theo Xenakoudis, Director, Worldwide Business Operations of International Registries, Inc. (IRI), which provides administrative and technical support to the RMI Registry. Captain Mattheou called this cooperation a huge step in the direction of an environmentally conscious and safe maritime industry of the future.

“Striking a balance between economically sound and environmentally and socially responsible shipping is of paramount importance. That’s a task for the entire maritime community. By supporting Green Award, the RMI Registry joins the frontrunners of the industry actively taking measures to reduce their ecological footprint and encourage improvement of safety,” continued Captain Mattheou.

”Age is often an indicator of a greener fleet, and the RMI fleet is the youngest of any of the top 10 registries.  We have always aimed to make our fleet environmentally friendly and so we are pleased to see that more than 16% of Green Award vessels are RMI flagged. The RMI has also maintained its Qualship 21 status for 14 consecutive years and, in addition, more than 28% of the United States Coast Guard’s E-Zero designation vessels are RMI flagged. It is noteworthy to see that so many RMI owners and operators are going beyond the industry’s standard for environmental performance measures,” said Mr. Xenakoudis.

Owners and operators interested in learning more about the RMI Registry’s new incentive for Green Award certified vessels can email

IRI is the world’s most experienced, privately held maritime and corporate registry service provider, specializing in the needs of the shipping and financial services industries across a broad commercial and economic spectrum. Headquartered just outside of Washington, DC in Reston, Virginia USA, IRI operates 28 offices in major shipping and financial centers around the world. The RMI Registry holds a leading position among the top five (5) flags worldwide with the most ships certified by Green Award.

Green Award is a voluntary international certification scheme for ships that go beyond the industry’s regulations in terms of safety, quality, and environmental performance. It provides a platform for maritime stakeholders to demonstrate the joint Corporate Social Responsibility and benefit from extra efforts invested in the improvement beyond legally required standards. Participation of the industry’s key stakeholders is crucial to recognize excellent ships and motivate others for improvement. The Marshall Islands Registry joining Green Award is a perfect example of such collaboration.

About IRI/The Marshall Islands Registry

International Registries, Inc. and its affiliates (IRI) provide administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate Registries. The RMI Registry is the second largest registry in the world, surpassing 162 million gross tons with 4,442 vessels at the end of August 2018.

IRI has a network of 28 worldwide offices located in major shipping and financial centers throughout the world that have the ability to register a vessel, including those under construction, record a mortgage or financing charter, incorporate a company, issue seafarer documentation, and service clientele.

The RMI fleet has received the highest ratings in port State control (PSC) international rankings. The RMI is on the White Lists of both the Paris and Tokyo Memorandums of Understanding (MoUs) and has also met the flag criteria for a low risk ship under the Paris and Tokyo MoU’s New Inspection Regimes. The RMI is the only major registry to be included on the United States Coast Guard’s (USCG’s) Qualship 21 roster for 14 consecutive years The RMI is the only one of the top three flag States that holds Qualship 21 status, an acknowledgment that is paramount for the RMI owners and operators.  

The most important asset to the RMI Registry is its customers and IRI strives to provide them with full service from any office, 24 hours a day.

About Green Award Foundation

Green Award certifies sea-going oil and chemical tankers, bulk carriers, LNG and LPG carriers, container carriers, inland navigation barges and inland passenger ships. Its assessment criteria cover environmental, quality and safety aspects, and performance of management and the crew. With this comprehensive approach and a diverse team of the industry’s experts supporting the scheme, Green Award secures the quality of its audits and real value of its certificate.

With over 120 ports and other maritime related organisations providing discounts to the certified companies and ships, the scheme motivates ship owners and managers to invest in the improvements on board and ashore and serves as a reliable Corporate Social Responsibility and risk reduction tool for participating shipping companies, ports and maritime service providers.

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