The Palau International Shipping Registry (PISR) has 230 vessels in their registry, according to Panos Kirnidis, CEO of PISR.

Kimidis in an email said that there are several types and sizes of vessels registered under the PISR. [restrict]

The Palau Registry 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 of Palau as the Ship Registry Administrator.

Kimidis added that PISR have more than 30 Deputy Registrar representatives worldwide with detailed knowledge and experience of ship management, inspection, engineering and crew management in the USA and Greece but also in China, Dominican Republic, Cyprus, UAE, Egypt, Germany, India, Japan, Lebanon, Malaysia, Nigeria, Panama, Romania, Russia, Singapore, South Africa, South Korea, Taiwan, Trinidad & Tobago, Turkey, and Ukraine.

It is also expanding with a new head office in one of the world’s most competitive shipping markets in Piraeus, Greece. The new office will complement the US Houston, Texas offices.

Kirnidis in a press statement said , “We have spent time finding and employing people around the shipping world who add value to our services and come with a sense of dedication we demand. During the years of our operations we have come into contact with many professionals whose skills we now use for our clients.”

He also address that there might be some shipping challenges worldwide and  while there may still be low growth in orders for fleet vessels in 2017 and possibly into 2018,  “PISR will continue to offer our clients in all sectors a dedicated service that is concise, flexible and realistic.” [restrict]