Marshall Islands

Copyright: GIZ LCST

SV Juren Ae sets Sail

SV Juren Ae (IMO no. 1021245) was delivered to the Marshall Islands Shipping Corporation (MISC) July 31, 2024, a 'low carbon' vessel funded by the International Climate Initiative (IKI), built at Asia Shipbuilding in Geoje City, Korea and classed by KR.SV Juren Ae is a 48-m, 300 dwt supply vessel, the result of a collaborative effort led by the German Society for International Cooperation (GIZ) through its project 'Transition to Low-Carbon Sea Transport in the Republic of the Marshall Islands' for the German Ministry for the Environment…

Republic of the Marshall Islands Updates its Yacht Code

The Republic of the Marshall Islands (RMI) Yacht Code (the “Code”) has been updated and amended making it more pragmatic than ever for modern and innovative owners and shipyards to choose the RMI as a building standard. The Code was first published in 2013 and this is the most significant update to the Code since then. The 2021 Code revisions incorporate all previously issued supplements as well as additional technical and safety updates to address the building requirements of…

Dubai's Highest Court Rejects Superyacht Seizure Appeal in Mammoth Divorce Battle

Dubai’s highest court has rejected an appeal by the ex-wife of a Russian billionaire to seize a £350 million ($460 million) superyacht in one of the world’s costliest divorce battles, a court ruling last week said.The Dubai Court of Cassation rejected an appeal by Tatiana Akhmedova, ex-wife of oil and gas billionaire Farkhad Akhmedov, to seize the yacht as part of a 453 million pound divorce bill imposed by London’s High Court.The vessel, the M.V. Luna, was built for Russian billionaire Roman Abramovich before Akhmedov bought it in 2014.

Captain Jeff Perlstein, Faculty Coordinator, MPT; Amy Morley-Beavers, Academic Principal and Vice President of Regulatory Compliance, MPT; Captain Roberto Beretta; Captain Scott Field, Simulation Training Manager, MPT; and Captain John Hafner, Vice President, Seafarers’ Manning & Training, IRI.  (Photo: MPT)

Captain Issued RMI’s First Unlimited Yacht License

Private maritime training school Maritime Professional Training (MPT) announced it recently graduated Captain Roberto Beretta who is the recipient of the first Republic of the Marshall Islands (RMI) Master (Yachts) - Unlimited license. Captain Beretta is the first in the world to achieve this certification, which he attained through MPT’s first of its kind, expedient superyacht-specific assessment for captains wishing to gain their unlimited license from the RMI Maritime Administrator.

Regs4yachts Opens Stateside Office

Regs4ships Limited will open a new Fort Lauderdale satellite office. Listening to the feedback of customers, the company’s superyacht division Regs4yachts has identified a strong client base in the United States of America. To develop this business the Regs4yachts team are developing strong client focussed services, with an emphasis on delivering that personal touch. The stateside office will be offering a suite of services to Marshall Islands flagged vessels initially and a team of surveyors are ready to start taking enquiries.

Maitland Pinpoints Global Shipping's Woes, Solutions

Clay Maitland is a ubiquitous figure in the global shipping circuit, never shy to share his accrued maritime experience of more than 40 years, ask the tough questions or supply the blunt opinion. Set to celebrate his 70th birthday later this year but not slowing a step, Maritime Reporter & Engineering News caught up with Maitland in his Manhattan office late last month. Most anyone who has seen Clay Maitland address a crowd; watched him grill a conference panel; or taken him one-on-one in conversation to discuss some nuance of the industry…