From January next year, the way that ships around the UK coast are inspected will change – ranking companies by risk, rather than the existing target of inspecting 25% of all vessels calling at UK ports. One of the ways in which companies will be assessed will be on which flag their vessels are registered – with the UK’s Red Ensign the first to meet the criteria for low-risk ships.
Shipping Minister Mike Penning says: “The UK has a long and proud maritime tradition and The Red Ensign reflects this. This move is another reminder of the quality of the British flag, confirming its status as one of the safest in the world. It is also yet another reason why companies should look no further than the UK when considering where to register their vessels”.