Subscribe to RSS feedLiberia set to renew flag contract
THE LIBERIAN government was expected to renew its controversial maritime administration contract with the Liberian International Ship & Corporate Registry (LISCR) last week, giving the US company a further 10 years in charge of the world’s second-largest flag of convenience.
LISCR itself is refusing to comment, but other industry sources indicate that a deal was all but done. The existing arrangements expire on December 31 this year and discussions over their extension have continued for several years.
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