Journal is indexed in following databases:
- SCOPUS
- Web of Science Core Collection - Journal Citation Reports
- EBSCOhost
- Directory of Open Access Journals
- TRID Database - Transportation Research Board
- Index Copernicus Journals Master List
- BazTech
- Google Scholar
2023 Journal Impact Factor - 0.7
2023 CiteScore - 1.4
ISSN 2083-6473
ISSN 2083-6481 (electronic version)
Editor-in-Chief
Associate Editor
Prof. Tomasz Neumann
Published by
TransNav, Faculty of Navigation
Gdynia Maritime University
3, John Paul II Avenue
81-345 Gdynia, POLAND
e-mail transnav@umg.edu.pl
Importance of Parallel - Bareboat Charter Registration and Its Connection with Marine Insurance
Times cited (SCOPUS): 2
ABSTRACT: The impact of the Parallel Registration is pretty apparent in modern shipping. Traces of Parallel Registration, Dual Registration, Demise Charter Registration and Bareboat Charter Registration can be found in both the Open Ship Registries system and the traditional Closed Ship Registries. The stance of both the new maritime nations and the traditional Flag States towards Parallel Registration are analyzed. The reasons for the acceptance of the Parallel Registration include the positive impact to the maritime companies, the benefits to the Ship Registries involved and the satisfaction of particular ambitions on behalf of the States that embrace this institution. There is further specialization in the implications of Parallel Registration in the Marine Insurance practices especially in the case of bareboat chartering. The status of the ship owner, the ship charterer and the mortgage lender are further examined under the auspices of Parallel Registration in the event of a Marine Insurance incident.
KEYWORDS: Bareboat Charter, Marine Insurance, Parallel Registration, Demise Charter Registration, Dual Registration, Bareboat Charter Registration, Open Ship Registries, Closed Ship Registries
REFERENCES
Ademuni-Odeke. Bareboat Charter (Ship) Registration. Kluwer Law International, 1998.
Ademun-Odeke. “An Examination fo Bareboat Charter Registries and Flag Convenience Registries in International Law.” Ocean Development @ International Law 36, no. 4 (2005): 339-362. - doi:10.1080/00908320500308726
Antola, Esko. “The Flag of Convenience System: Freedom of the seas for big capital.” Instant Research on Peace and Violence (Tampere Piece Research Institute, University of Tampere) 4, no. 4 (1974): 195-205.
Australian Government - Australian Maritime Safety Authority. 25 04 2020. https://www.amsa.gov.au/vessels-operators/ship-registration/register-vessel-australian-international-shipping-register (accessed 04 25, 2020).
Bahamas Merchant Shipping Act. “The Bahamas Maritime Authority.” Bahamas Maritime. 24 04 2020. https://www.bahamasmaritime.com/wp-content/uploads/2015/08/Ch-268-Merchant-Shipping-Act.pdf (accessed 04 24, 2020).
Bergantino, A.S., and P. O'Sullivan. “Flagging out and International Registries: Main Developments and Policy Issues.” International Journal of Transport Economics 26, no. 3 (1999): 447-472.
Bermuda Shipping and Maritime Authority. Bermuda Shipping. 24 04 2020. https://www.bermudashipping.bm/registry/demise-registry/ (accessed 04 24, 2020).
Case Gard Marine and Energy Limited v China National Chartering Co Ltd and another. UKSC 35, (UKSC, 2017)
Clarke, Richard L. “Flags of Convenience.” Defense Transportation Journal 45, no. 5 (1989): 68-72.
Coles, Richard M.E., and Edward B. Watt. Ship Registration: Law and Practice. Second Edition. Informa Law, 2009.
Cullinane, Kevin, and Mark Robertshaw. “The influence of qualitative factors in Isle of Man ship registration decisions.” Maritime Policy and Management 23, no. 4 (1996): 321-336. - doi:10.1080/03088839600000092
Cyprus Shipping Deputy Ministry. Maritime Cyprus. 24 04 2020. https://www.dms.gov.cy/dms/shipping.nsf/All/37570116F71F8AC5C2258307002C5F11?OpenDocument&highlight=parallel%20registry (accessed 04 24, 2020).
Danish Maritime Authority. 24 04 2020. https://www.dma.dk/Vaekst/Rammevilkaar/Legislation/Orders/Order%20on%20Danish%20bareboat%20registration.pdf (accessed 04 24, 2020).
Danish Maritime Authority. 24 04 2020. https://www.dma.dk/SynRegistrering/SkibsregistreringAfgifter/DIS/Bareboat/Sider/default.aspx (accessed 04 24, 2020).
DeSombre, Elizabeth R. “Globalization, Competition and Convergence: Shipping and the Race to the Middle.” Global Governance 14, no. 2 (2008): 179-198. - doi:10.1163/19426720-01402005
Doganis , R. S., and B. N. Metaxas. The impact of Flags of Convenience. London, 1976.
Farantouris, Nikolaos E. European Integration & Maritime Transport. Athens: Bruyant, 2003.
Farthing, Bruce, and Mark Brownrigg. Farthing on International Shipping. Third. London, Hong Kong: LLP, 1997.
German Federal Ministry of Transport and Digital Infrastructure. Deutsche Flagge. 25 04 2020. https://www.deutsche-flagge.de/en/german-flag/changing-to-a-foreign-flag (accessed 04 25, 2020).
Government of Panama. “Panama Ship Registry.” 23 04 2020. https://panamashipregistry.com/ship-registry/vessel-registration/#ForeignShipRegistryunderBareboatCharteringinPanama (accessed 04 23, 2020).
Harwood, Stephenson. Shipping Finance, Second Edition. London: Euromoney Books, 1996.
Isle of Man Ship Registry. IOM Ship Registry. 24 04 2020. https://www.iomshipregistry.com/registration/ships-demise/ (accessed 04 24, 2020).
Kiriazidis, Theo, and George Tzanidakis. “Recent aspects of the EU maritime policy.” Maritime Policy and Management 22, no. 2 (1995): 179-186. - doi:10.1080/03088839500000049
Koch-Baumgartetn, Sigrid. “Trade Union Regime Formation Under the Conditions of Globalization in the Transport Sector: Attempts at Transnational Trade Union Regulation of Flags-of-Convenience Shipping.” International Review of Social History 43, no. 3 (1998): 369-402. - doi:10.1017/S0020859098000212
Kremmydas, Vasilis. The Emporium of Peloponnesus during the 18th Century (1715-1792): According to the French Archives (In Greek). Athens, 1972.
Lewis, Peter. “Legal missile holes ships of shame.” International Union Rights (International Centre for Trade Union Rights) 10, no. 3 (2003): 21.
Liberian Registry. “LISCR.” 23 04 2020. https://www.liscr.com/sites/default/files/online_library/2020%20-%20Initial%20FBCR%20%20%20Rev.01.10.20%20%20%28gm%29%20%28003%29.pdf (accessed 04 23, 2020).
Mavrommati, Kairou P. Issues of International Law concering the vessels of Flags of Convenience. Athens - Thessaloniki: Sakkoulas Publications S.A., 2012.
Mukherjee, Proshanto K. “Flagging options: Legal and Other Considerations.” Mariner, Jan/Mar 1993.
Palau International Ship Registry. “The Palau Ship Registry.” 24 04 2020. https://www.palaureg.com/core-services/merchant-ship/vessel-registration/bareboat-registration/bareboat-in/ (accessed 04 24, 2020).
Perakis, M. “Current trends in the weakening of the link between the ship's flag and the applicable law.” Editions Sakkoulas, 2013.
Petropoulos, Dimos. “PhD Thesis: The role of open registries to modern global economy.” University of Piraeus, 2003.
Phang, Sock-Yong, and Rex S. Toh. “Policies to Promote Shipping Registration in Singapore.” Journal of Transport Economics and Policy 28, no. 2 (May 1994): 215-219.
Pijaca, M., and B. Bulum. “Insurance of Risks under the Bareboat Charter Contract.” Zbornik PFZ (Zbornik PFZ) 67, no. 1 (2017): 85-105.
Republic of the Marshall Islands Maritime and Corporate Registry. International Registries. 23 04 2020. https://www.register-iri.com/search/?fwp_global_search=parallel%20registration&fwp_paged=2 (accessed 04 23, 2020).
Reuvid, Jonathan. Corporate Investment Opportunities in the New Europe. Kogan Page, 2006.
Shashikumar, N. “Comparative Maritime Policies: A U.S. Dilemm.” Transportation Journal (Penn State University Press) 34, no. 1 (1994): 32-38.
Stopford, Martin. Maritime Economics, Third Edition. Routledge, 2009. - doi:10.4324/9780203891742
Thuong, Le T. “From Flags of Convenience to Captive Ship Registries.” Transportation Journal 27, no. 2 (1987): 22-34.
Toh, Rex S., and Henry Susilowidjojo. “Flags of Convenience Shipping in the 1980s: The American Perspective.” Transportation Journal (Penn State University Press) 26, no. 4 (1987): 34-42.
Toh, Rex S., and Sock Yong Phang. “Quasi-flag of convenience shipping: the wave of the future.” Transportation Journal 33, no. 2 (12 1993): 31-39.
UK Public General Acts. 24 04 2020. http://www.legislation.gov.uk/ukpga/1995/21/part/II/crossheading/ships-on-bareboat-charter/enacted (accessed 04 24, 2020).
United Nations. “United Nations Conference on the Law of the Sea (UNCLOS I) - Convention on the High Seas.” Treaty Series. Vol. 450. Geneva: United Nations, 29 April 1958.
United Nations Convention on Conditions for Registration of Ships. United Nations Conference on Trade and Development. 7 02 1986. http://unctad.org/en/PublicationsLibrary/tdrsconf23_en.pdf (accessed 09 04, 2018).
United Nations Convention on the Law of the Sea (UNCLOS III). United Nations. 1982. http://www.un.org/depts/los/convention_agreements/texts/unclos/unclos_e.pdf (accessed 04 01, 2018).
Verbeke, A., and W. Winkelmans. “The Strategic search for sustainable country Specific Advantages: Tje case of the European Shipping Industry.” International Journal of Transport Economic 17, no. 1 (Feb. 1990): 57-75.
Citation note:
Daniil G., Saviolakis P.: Importance of Parallel - Bareboat Charter Registration and Its Connection with Marine Insurance. TransNav, the International Journal on Marine Navigation and Safety of Sea Transportation, Vol. 14, No. 4, doi:10.12716/1001.14.04.21, pp. 953-960, 2020
Other publications of authors:
File downloaded 515 times
