They are more than 9,000 km apart, in separate continents, both are landlocked, but the backwaters that are Laos and Eswatini have one common link – new shipping registers.
Shipping registries
The Splash Extra lead today carried an investigation into the Indian companies establishing shipping registries and classification societies around the world to accommodate ships with murky pasts.
Fastest growing shipping
The news follows on from earlier reports about how Gabon had become last year’s fastest-growing shipping registry. In the opening days of 2024, Gabon’s growth has been even more phenomenal thanks to a massive reflagging operation conducted by Russia’s top shipping concern, Sovcomflot.
Elsewhere in the monthly subscription title, there’s regular markets commentary of the main shipping segments, a pick of the best analyst commentary, a sale and purchase update, a guide to how to handle future fuels.
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Source : Splash247