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% Increase

Year

No. of Vessels

No. of Vessels Added

2005

1060

--

2006

1116

56

5.28

2007

1165

49

4.39

2008

1229

64

5.49

2009

1287

58

4.72

2010

1355

68

5.28

In October 2009 the ABISR exceeded it benchmark 10 million gross tons when the vessels LANGENESS and EMMA were registered. Presently there are 1355 ships totaling 10.82 gross tons registered under the flag of Antigua and Barbuda. This reflected a growth of over 5% in the last year. Additionally, there are over 240 locally registered yachts and 30 ships which are governed by the Caribbean Cargo Ship Safety Code (CCSSC). The Antigua and Barbuda International Ship Registry ranks in the top 20 Flag States worldwide for tonnage and in the top 10 Flag States worldwide for number of vessels. In addition, the Antigua and Barbuda Flag is on the International Maritime Organization’s (IMO) White List as a member state giving full and complete effect to the implementation of the International Convention on Standards of Training, Certification and Watch-keeping for Seafarers (STCW 78/95). This Convention sets out the qualification standards for master, officers and watch-keeping personnel on seagoing ships.

BusinessFocus • December/January 11/12

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Business Focus Antigua Issue 40  

As 2011 comes to a close and we enter 2012, the forecast for the world economy continues to be news of job cuts and hints of a "double dip"...

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