Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
Tokyo – ClassNK announced today that it signed an agreement with the Lithuanian Maritime Safety Administration on 14 June 2012 granting ClassNK the authority to conduct statutory certifications on behalf of the flag administration.
Under the agreement, the Tokyo-based classification society is now authorized to perform surveys and issue certificates in accordance with SOLAS, MARPOL, Load Line, TM69 and other international conventions on behalf of the Lithuanian flag.
This agreement makes Lithuania the 105th flag administration to delegate authority for statutory certifications to ClassNK, which became the world’s first classification to have more than 200 million gross tons on its register in May 2012.
According to IHS-Fairplay’s “World Fleet Statistics”, 96 vessels totaling 406,780 gross tons are registered to the Lithuanian flag.
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