Isle of Man and South Korea grow closer
The Isle of Man Ship Registry has just completed a pilot project with the Korean Register (KR) as a first step towards full recognition of the Korean classification society. The move could mean more Korean owned and classed vessels using the Isle of Man flag in future.
The recent delivery of the containership 'Hanjin Blue Ocean' completed the series of nine 13,000 teu vessels to register in the Isle of Man. Due to the rapid expansion of the global merchant shipping fleet in the Asia Pacific region in recent years, 35.3% of the Isle of Man Ship Registry's total tonnage now comes from that region.