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Summary is AI-generated, newsdesk-reviewed
  • IFA enhances maritime safety with the upgraded Registry Information Sharing Compact (RISC) platform.
  • RISC database improves problem vessel monitoring, boosting compliance and preventing suspicious activities.
  • Major flag States, including Liberia and Panama, lead IFA's global maritime regulations initiative.

The International Flag-State Association (IFA), formed by the three largest ship registries—Liberia, the Republic of the Marshall Islands, and the Republic of Panama—continues to strengthen maritime safety initiatives.

Since its inception in 2021, IFA has provided a platform for these nations to address global maritime challenges, gather stakeholder insights, and develop international protocols that enhance safety, security, and environmental protection for the marine industry.

Enhanced information sharing through RISC platform

In 2024, IFA members advanced the capabilities of the Registry Information Sharing Compact (RISC) to support better information exchange.

IFA members advanced the capabilities of the RISC to support better information exchange

This integrated online database enables subscribed flag States to access and share crucial data about vessels potentially violating regulations or engaging in questionable activities. This initiative addresses the previous lack of a dedicated global platform for flag States.

As IFA prioritises information sharing, the organisation is also preparing to apply for consultative status at the International Maritime Organization. This move aims to bolster their capacity to influence and participate in the development of international maritime policies actively.

Representatives and their vision

The foundation of IFA is supported by key representatives: Alfonso Castillero, CEO of the Liberian International Ship and Corporate Registry; Bill Gallagher, Senior Deputy Commissioner of Maritime Affairs from the Republic of the Marshall Islands Maritime Administrator; and Alexander De Gracia, Deputy Administrator of the Panama Maritime Authority. Together, they emphasise IFA’s commitment to uniting influential flag States, which oversee over 40% of the global gross tonnage, in order to uplift maritime safety, security, and environmental standards.

The association actively seeks engagement from other flag States that share its commitment to these goals. Through these collaborative efforts, IFA aims to ensure shipping regulations remain consistent and globally harmonised, reflecting the international nature of the maritime industry. “Shipping is a worldwide industry and maritime regulations must remain global,” they collectively assert.

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