TelestackPort of StocktonSailors SocietyCleveland Cascades LtdTMS Tanker Conference 2018Port of Belledune
  • Bühler GmbH
  • Ovet
  • The Mississippi Valley Trade & Transport Council
  • Vigan Engineering S.A
  • Port of Stockton
  • TOC Events

Palau flies the flag for anti-corruption

(Posted on 28/09/18)

The fight against bribery and corruption in the shipping world is being led by Palau International Ship Registry (PISR) which is currently the first and the only ship registry to have implemented and be certified for ISO 3700: 2016 related to anti-bribery and anti-corruption standards.

Governments across the world have made significant progress in addressing issues of bribery through international agreements such as The OECD Anti-Bribery Convention along with the United Nations Convention against Corruption. These standards apply to the maritime sector and as one of the world’s leading ship registries and the fastest growing one, PISR is at the forefront of establishing systems and been certified to meet these requirements.

Panos Kirnidis, CEO of Palau International Ship Registry sees this as the latest step forward in establishing a strong footprint for PISR in this important regulatory standard.

“We are currently the only registry in the maritime sector that has a system and certification to avoid active and passive bribery and corruption issues. We have spent the past few years establishing PISR as a ship registry with technology at its heart supporting a very strong team of professionals who understand the needs of ship owners and operators. The aim of the standard is to reduce political corruption and corporate crime in developing countries and to encourage sanctions against bribery in international business transactions carried out by companies or individuals.

“We believe in the principles of creating a truly level playing field in today's international business environments and we have fought for our voice to be heard in shipping and now we want to help our fleet owners to benefit from this. Our ISO 37001:2016 standards specifies requirements and provides guidance for establishing, implementing, maintaining, reviewing and improving an anti-bribery management system and we have spent the past 12 months integrating this into our overall management system. As the fastest growing ship registry in the world and with our commitment to technology and high ethical standards, we are determined to see any illegal practices eradicated from the shipping world.”

The Palau International Ship Registry (PISR), an open registry headquartered in Houston, USA and has its European head office in Athens, Greece. PISR was created by an amendment to the Title 7 of the Republic of Palau National Code in 2010 and was appointed by the Government of the Republic to carry out the day-to-day management of vessels registered to the flag as the Ship Registry Administrator.

Latest News

A big step forward

(Posted on 16/03/19)

Leading classification society DNV GL has announced that all DNV GL classed vessels are now able to... Read more


ClassNK appoints new Senior Executive VP

(Posted on 16/03/19)

Mr. Hiroaki Sakashita has been appointed as Senior Executive Vice President as well as Executive Director... Read more


Aco Marine calls for enforcement

(Posted on 16/03/19)

ACO Marine, together with a group of leading wastewater treatment system manufacturers and environmental... Read more


Online course collaboration

(Posted on 16/03/19)

A successful collaboration between KVH Videotel, a world leader in the provision of e-learning for the... Read more


Flowsafe BWMS to save costs for bulkers

(Posted on 11/03/19)

A new Ballast Water Management System (BWMS) developed by Flow Water Technologies Ltd, called FlowSafe... Read more


MacGregor to support Anglo Eastern Univan

(Posted on 11/03/19)

MacGregor, part of Cargotec, has signed an agreement with Ocean Sourcing Pte Ltd to support MacGregor... Read more


KVH Surpasses 9,000 VSAT Systems

(Posted on 11/03/19)

KVH Industries, Inc., a leader in mobile connectivity, announced that it recently shipped its 9,000th... Read more


Inmarsat brings Crew Xpress to market

(Posted on 11/03/19)

Inmarsat, the global leader in mobile satellite communications, is staying ahead of fast-changing dynamics... Read more


WFS increases bunker capacity in Gibraltar

(Posted on 11/03/19)

World Fuel Services (WFS), via its fully owned subsidiary Gib Oil Limited, has extended its capacity... Read more


CSA 2020 launches scrubber counter offensive

(Posted on 26/02/19)

The Clean Shipping Alliance 2020 has expressed strong concerns about a proposal submitted by the European... Read more


The Maritime Standards Awards 2018Cimbria Bulk Equipment A/STMS Awards 2016 winnersVigan Engineering S.ATOC EventsThe Mississippi Valley Trade & Transport Council
  • The Maritime Standards Awards 2018
  • MULTIMODAL 2019
  • Cleveland Cascades Ltd
  • Sailors Society
  • Cimbria Bulk Equipment A/S
  • TMS Tanker Conference 2018

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping