BEIJING/MONROVIA: The Liberian Maritime Authority, the world’ largest Open Registry, is proud to announce that the People’s Republic of China and the Republic of Liberia have renewed their historic partnership in a maritime agreement.
The agreement is designed to foster strong relations between the two governments and provide significant economic benefits to vessels registered under the Liberian flag.
The agreement was signed by Cllr. Neto Zarzar Lighe Sr, Commissioner of the Liberia Maritime Authority, and HON Li Xiaopeng, Minister of Transport of the People’s Republic of China.
Under this renewal, Liberian-flag vessels will enjoy their preferential rate for tonnage dues when visiting any port in China.
“We are pleased to reaffirm this vital agreement with the People’s Republic of China. This partnership not only provides significant economic advantage to our fleet but also strengthens Liberia’s position as the preferred flag for international shipping,” Cllr. Lighe stated in Beijing, China on Thursday, September 5, 2024.
According to dispatch from China, the latest agreement places Liberia in a distinctly advantageous position compared to other flag states that lack diplomatic relations with the PRC.
For instance, flags like the Marshall Islands do not benefit from any port dues discounts in Chinese ports. The preferential treatment afforded to Liberian vessels not only enhances their operational efficiency but also solidifies Liberia’s competitive edge in the global shipping industry.
The agreement also offers operational benefits, including expedited customs procedures and simplified port formalities for Liberian vessels in Chinese ports.
Chinese authorities have committed to taking all appropriate measures to avoid unnecessary delays for Liberian-flagged ships, enhancing the efficiency and reliability of their operations.
However, Commissioner Lighe disclosed that the signing of the agreement took place following a bilateral meeting between the Liberia Maritime Authority and China Ministry of Transport, represented by its Minister Li Xiaopeng.
He stated that at the bilateral meeting between the two countries discussions were focused on expanding cooperation between both nations in maritime transport.
According to him, maritime transport is a vital sector for the socio-economic growth and prosperity of the two countries.
He mentioned key issues that were discussed at the meeting including the Maritime Transport Agreement, Belt & Road Initiative, Multilateral Cooperation, and Capacity Building and Training.
The LiMA Boss revealed that the Maritime Transport Agreement will enhance freedom of navigation and cooperation on key maritime issues such as vessel treatment, seafarers’ documentation, and crew management.
He also said for the Belt & Road initiative, they acknowledged and appreciated China for the impactful infrastructure projects under the Belt & Road Initiative, including ongoing developments in Liberia.
“We look forward to further collaboration in maritime infrastructure: Shipbuilding, and port facilities,” Mr. Lighe added.
Also, on Multilateral Cooperation between the two nations, Commissioner Lighe said, Liberia reaffirmed its dedication to working with the PRC on global maritime issues through international organizations, including efforts for shipping decarbonization and maritime security.
He highlighted that for capacity building and training, Liberia expressed gratitude to the President and the people of China for the many educational opportunities provided to Liberian students in China aimed at expanding our maritime training capabilities through partnerships.
“We also requested cooperation with the Liberia Maritime Training Institute (LMTI) for officers training programs, maritime security, search & rescue, and surveillance. Thanks to the People’s Republic of China for its continued support and collaboration with the Republic of Liberia. “Long Live the “One China Policy,” he added.
