BTS | Table 1-6 - World Open Registry (a) Trends, Oceangoing Self-Propelled Vessels of 1,000 Gross Tons and Over, 1990-2001 (Thousands of tons)

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Table 1-6
World Open Registry^a Trends, Oceangoing Self-Propelled Vessels of 1,000 Gross Tons and Over, 1990-2001 (Thousands of tons)

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Flag of registry	1990		1999		2000		2001
Flag of registry	Number of vessels	dwt (thousands)	Number of vessels	dwt (thousands)	Number of vessels	dwt (thousands)	Number of vessels	dwt (thousands)
Panama	3,189	70,537	4,485	145,769	4,620	155,348	4,657	168,052
Liberia	1,409	88,275	1,644	97,232	1,608	89,949	1,498	78,703
Malta	293	6,257	1,312	39,311	1,448	45,282	1,395	45,841
Bahamas	530	19,719	1,042	40,944	1,037	43,169	1,023	45,099
Cyprus	1,054	29,729	1,431	36,059	1,365	35,956	1,307	36,224
Singapore	407	11,494	879	31,436	883	33,853	881	33,096
Norway (NIS)	587	28,800	655	30,373	660	29,731	659	28,186
Hong Kong	-	-	191	10,190	242	11,773	336	16,409
Marshall Islands	-	-	112	10,901	132	11,621	195	15,501
Saint Vincent	-	-	784	11,554	791	10,506	761	9,590
Isle of Man	81	3,150	149	6,756	145	6,690	152	8,248
Denmark (DIS)	199	6,288	309	6,654	315	6,701	325	7,727
Kerguelen	17	455	73	4,413	73	4,658	77	5,373
Netherlands	326	3,638	411	3,814	563	5,484	501	4,583
Vanuatu	73	1,611	83	1,809	79	1,670	56	1,305
Luxembourg	1	3	27	975	43	2,179	44	1,294
Gibraltar	-	-	16	512	24	698	42	882
Honduras	-	-	234	783	248	934	246	860
Sri Lanka	37	314	21	282	22	288	17	236
Mauritius	6	220	15	236	13	208	6	81
Total open registries	8,209	270,490	13,873	480,002	14,311	496,698	14,178	507,291
Percent of all registries	34.80%	42.40%	49.90%	63.50%	50.60%	64.50%	50.10%	65.30%
Total registries	23,596	637,493	27,825	755,435	28,259	769,794	28,318	776,767

KEY: - = not available.

^aAn open registry is a type of registry offered by a country to foreign nationals or corporations that provides favorable tax, regulatory, and other incentives.

SOURCE: Lloyd's Maritime Information Services, Ship Particulars, computer file extract (London: Lloyd's Register, January 2001).

The number of vessels in the open registry fleet increased by 73 percent from 1990 to 2001. The world fleet grew by 20 percent during the same period.

The number of Liberian open-registry vessels dropped by nearly 7 percent between 2000 and 2001.

Panama and Liberia combined accounted for 43 percent of the open-registry fleet in 2001.

Table 1-6World Open Registrya Trends, Oceangoing Self-Propelled Vessels of 1,000 Gross Tons and Over, 1990-2001 (Thousands of tons)

Table 1-6
World Open Registry^a Trends, Oceangoing Self-Propelled Vessels of 1,000 Gross Tons and Over, 1990-2001 (Thousands of tons)