ICS Updates Flag State Performance Table

The International Chamber of Shipping (ICS) has published the latest update of its Flag State Performance Table, which can be downloaded free of charge via the ICS website. The annual update, which is also supported by the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA), provides an indication of the performance of individual flag administrations, using information available in the public domain.

flag state
Representation Image – Credits: ics-shipping.org

Since the Table was launched 15 years ago, ICS says it has been pleased by the ongoing improvement which the data has helped to demonstrate. Among the twelve largest flag states, responsible for 80% of world merchant tonnage, none currently have more than one potential negative indicator and nine of these have no negative indicators at all.

“The purpose of the ICS Table is to encourage ship operators to examine whether a flag state has substance before using it and to put pressure on their current flag administrations if improvements might be needed, for example with regard to port state control records of ships under their flag, failure to ratify key IMO Conventions or regular attendance at IMO meetings” said ICS Secretary General, Guy Platten.

“In a global industry such as shipping there is nothing unusual about an international ship registry system. But a balance has to be struck between the commercial advantages of selecting a particular flag and the need to discourage the use of flag states that may not fully adhere to their international obligations, especially with regard to safety and environmental performance” Mr Platten added.

Reference: ics-shipping.org

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