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Marshall Islands now the world's second-largest ship register

The Marshall Islands have now overtaken Liberia as the world's second-largest ship register behind Panama as number one. Among several factors, a new wave of Chinese owners have boosted the Marshall Islands' position.

Photo: OW Bunker

The ship register of the Marshall Islands is now the world's second-largest, behind Panama, measured in dead weight tonnage (dwt), according to a press release from International Registries Inc. (IRI).

The Marshall Islands' register (RMI Registry) has thus overtaken Liberia, which is now ranked third among the world's biggest ship registers. Ranked fourth and fifth are Hong Kong and Singapore, respectively.

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