More vessels entering the Madeira Register
The International Shipping Register of Madeira (MAR) continued to expand in 2020 despite the pandemic and the challenging market environment:
• More than 600 merchant and passenger ships from European and international shipowners registered in MAR
• Comprising more than 23m dwt
Contributory factors to the smooth operation included the introduction of innovative measures by all our Register and flag administration stakeholders, such as electronic ship and seafarer documents, 24/7 access to services, an attractive ship mortgage regime and extremely high maritime safety standards.
Positive development supported by expanded activities in Greece
EUROMAR expanded and intensified its market presence in Greece, the biggest European ship owning market. The addition of more than 35 new ships from Greek shipping companies to the MAR-registered fleet contributed to growth of 1.3m dwt.
With these and other developments, we are looking forward to further growth of the Register, together with high and continuously improving quality standards.