Top flags join forces to pinpoint ‘problematic’ vessels

Top flags join forces to pinpoint ‘problematic’ vessels
Sam Chambers August 12, 2024 https://splash247.com/top-flags-join-forces-to-pinpoint-problematic-vess...

The world’s largest shipping registries have joined forces to share information about ships flag hopping to avoid sanctions.

Panama, the Marshall Islands and Liberia are among the flags to have created the Registry Information Sharing Compact (RISC) database, supported by the US Department of State. The database keeps flags informed and updated on vessels’ histories and any sanctions-related concerns.

The RISC database is a free online resource that enables flag registries to share and access detailed information on vessels’ backgrounds.

It allows them to collaborate in identifying what the creators of the database describe as “problematic” vessels that may be avoiding regulations or engaging in suspicious activities. By pooling this data, flag registries can enhance their awareness, mitigate risks, and prevent vessels under investigation from switching flags to evade scrutiny.

“The Registry Information Sharing Compact database marks a significant advancement in our collective efforts to maintain the integrity and security of global shipping. With this platform we are strengthening our defences and working together to uphold the highest standards of compliance and safety,” stated Alfonso Castillero (pictured), CEO of the Liberian International Ship & Corporate Registry.