Isle of Man Ship Management & Maritime Operations:

The Isle of Man passed the Merchant Shipping (Registration) Act 1984 in order to encourage registration of ships on the island. There is a zero-tax regime for ship management companies based on the Isle of Man. There are a number of ship management operations on the island, and a number of ships are registered on the island, particularly from the UK.

In August, 2006, the Isle of Man reached the White List of the Paris MOU. According to the Paris MoU, the recent trend has seen the number of flags placed on the White List growing, while the number of flags on the Grey and Black lists is shrinking, indicating a movement towards quality flags.

Version date: 07.05.06