Another Quality Milestone for the Republic of the Marshall Islands Registry: The Youngest and Greenest Fleet Worldwide

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It is clear that fleet age is the leading indicator of a greener fleet and the Republic of the Marshall Islands (RMI) Registry comprises the world’s youngest blue water fleet with an average age of 9.4 years based on Clarksons Research’s World Fleet Register (Clarksons). Furthermore, Clarksons has established “green” categories assigned to ships that invest in emission reduction technologies such as LNG fuel and alternative fuels, battery/hybrid systems, engine control optimization (Eco), and energy savings technologies (EST) such as wind and solar. Looking inward to its own fleet, this means more than 50% of the gross tonnage of the RMI flagged blue water fleet is availing itself of green technologies.

Image Credit: https://www.register-iri.com/wp-content/uploads/Another-Quality-Milestone-for-the-Republic-of-the-Marshall-Islands-Registry.pdf
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