Isle of Man Ship Registry First to Lower Fees to Encourage Green Ships

As the maritime world looks for ways to encourage shipping companies to accelerate the use of green technologies, the Isle of Man Ship Registry (IOMSR) is set to become the first flag in the world to provide incentives for the use of green technologies. The goal is to provide support for the acceleration of the development of the new technologies joining regulators, ports, and shipping routes such as the Suez and Panama Canals, which have all discussed incentives for green shipping technologies.