Leading ship registries — including the world’s largest, the Liberian International Ship & Corporate Registry (LISCR) — have launched the Registry Information Sharing Compact (RISC) database. The initiative, created as a sovereign decision by member states and reputable flags, aims to keep flag registries informed and up-to-date with vessels’ backgrounds and any sanctions issues.
“The Registry Information Sharing Compact database marks a significant advancement in our collective efforts to...