Cambodia sold its ship registry rights (plus flag)

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sihanoukville portCambodia has no control anymore over Cambodian-flagged ships complicit in illegal activities on the high seas as the government sold the authority to register ocean-going vessels under Cambodia’s national flag to a company in South Korea for $6 million, an official claimed according to a report by the Cambodia Daily.

On November 26, the European Commission announced that it would impose a ban on all seafood imports from Cambodia as the country had failed to address any of the issues raised by the EU over illegal fishing operations by vessels carrying the Cambodian flag. Despite a warning in 2012 demanding action, Cambodian-flagged vessels were still complicit in illegal fishing.

Cambodia claimed that it had stripped vessels of the right to fly a Cambodian flag, leaving some 84 vessels registered to the country in 2013. Lloyd’s Register of Shipping, however, documented 144 Cambodian-flagged vessels as of 2013, while the World Register of Shipping listed 150.

Seng Lim Neou, a former secretary of state with the Council of Ministers, confirmed that he heads a Council of Ministers committee in charge of cooperating with the International Ship Registry of Cambodia (ISROC), a private company that purchased the rights to register foreign ships under the Cambodian flag. According to him, the government sold its authority to register vessels to ISROC, which is based in Busan, South Korea. ISROC paid some $6 million to the government for the right to sell the Cambodian flag to vessels, starting in 2003 until now, he said.

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Reading Time: 1 minute

Cambodia has no control anymore over Cambodian-flagged ships complicit in illegal activities on the high seas as the government sold the authority to register ocean-going vessels under Cambodia’s national flag to a company in South Korea for $6 million, an official claimed according to a report by the Cambodia Daily.

Reading Time: 1 minute

sihanoukville portCambodia has no control anymore over Cambodian-flagged ships complicit in illegal activities on the high seas as the government sold the authority to register ocean-going vessels under Cambodia’s national flag to a company in South Korea for $6 million, an official claimed according to a report by the Cambodia Daily.

On November 26, the European Commission announced that it would impose a ban on all seafood imports from Cambodia as the country had failed to address any of the issues raised by the EU over illegal fishing operations by vessels carrying the Cambodian flag. Despite a warning in 2012 demanding action, Cambodian-flagged vessels were still complicit in illegal fishing.

Cambodia claimed that it had stripped vessels of the right to fly a Cambodian flag, leaving some 84 vessels registered to the country in 2013. Lloyd’s Register of Shipping, however, documented 144 Cambodian-flagged vessels as of 2013, while the World Register of Shipping listed 150.

Seng Lim Neou, a former secretary of state with the Council of Ministers, confirmed that he heads a Council of Ministers committee in charge of cooperating with the International Ship Registry of Cambodia (ISROC), a private company that purchased the rights to register foreign ships under the Cambodian flag. According to him, the government sold its authority to register vessels to ISROC, which is based in Busan, South Korea. ISROC paid some $6 million to the government for the right to sell the Cambodian flag to vessels, starting in 2003 until now, he said.

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