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Liberian Registry introduces simplified vessel registration process

The Liberian Registry has announced its Expedited Registration Process (ERP), which allows for technology and digital files to replace tedious administrative work in registering and re-registering vessels, creating a more simplified process overall.

{mprestriction ids="1,2"} Commenting on the new ERP, which is effective as of January 1, 2020, Alfonso Castillero, COO of the Liberian International Ship and Corporate Registry (LISCR), the US-based manager of the Liberian Registry, said “This is a reduction of 50 per cent of our registration time; time is important and we want to offer simpler and faster solutions than our obsolete competitors. With the data we have collected accompanied by our software, we don’t need to burden our clients by asking for the same information twice.

“We want to continue to differentiate ourselves from the rest. We want to make our clients’ lives easier.”

Chief registrar of the Liberian Registry, Greg Maj, said: “The vessel vetting is done electronically and within minutes, while all supporting documents are now accepted in E-form prior to registration and post-closing. Furthermore, class documents are no longer required at initial registration for most ROs, as the data is already automatically exchanged.”

Additional changes implemented by the ERP include abbreviated application for registration, in-house verification of recorded signatures, the acceptance of digital versions of original documents, reduced need for Evidence of Authority and much more. 

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