EUROMAR celebrates 1,000th ship in the Madeira Register
8 Dec 2024

As of today, the International Shipping Register of Madeira (MAR) counts 1,000 ships. This recognizes the European and international importance of the register and the flag of Portugal. In total, over the last 11 years since EUROMAR was founded, almost 200 shipping companies with vessels operating all over the world have decided in favor of the quality and service-oriented ship register.
On 9 December, the thousandth ship was entered in the register: The bulk carrier STAR ASIA from the ship manager Chartworld, based in Glyfada, Greece. The ship was built in 2017 and its flag was exchanged with the previous Bahamas flag in the port of Singapore.
We very much thank Chartworld Maritime Management Corporation, which joined Madeira with the second ship of its fleet.
EUROMAR Co-Managing Director Albrecht Gundermann comments as follows:
“The development of the register is excellent. When we started eleven years ago, we had a clear goal in mind: to provide Europe with a reliable, fast and innovative shipping register. The registration of the thousandth ship is a great acknowledgement of our commitment and of all entities involved in Madeira and Portugal, including the register and the maritime administration. We want to continue this positive development and are already targeting 2,000 ships as our next milestone.
We are proud of the fact that from the very beginning, the register has been growing predominantly with ships that previously had a non-European registration. This shows that the development from offshore to onshore is a real process. Over 90 per cent of the ships we manage come from offshore registers outside Europe. This shows that it is possible to strengthen European flags with our services.”
Jörg Molzahn, Co-Managing Director, comments on the positive developments as follows:
“By reaching this milestone, we have achieved a significant goal. But we don't want to rest on our laurels: Following the growth in various European shipping markets, we are particularly pleased about the recent decision of many Greek shipowners in favor of the Madeira shipping register. Greece has the largest owned fleet in Europe and decisions there are followed by the entire European shipping industry. Growth will therefore continue, driven by the diversity of all major European owner nations.
Our focus will continue to be on the qualitative growth of the register and the flag - in co-operation with the Portuguese maritime authorities and other stakeholders. In 2024, Portuguese-flagged ships consistently achieved top scores in the relevant maritime safety regimes, Paris MoU and Tokyo MoU. We also want to make an important contribution to the sustainability of maritime transport, including our partner OceanScore. The future belongs to safe, climate-neutral and innovative shipping.”
EUROMAR is the exclusive service and marketing agency of the International Shipping Register of Madeira (MAR). Founded in 2013, the agency acts as a private intermediary between shipping companies, Portuguese authorities and other stakeholders. The significantly growing register has contributed to strengthening Portugal's maritime activities, including a good legal and political framework and the establishment of numerous shipping companies as part of the maritime clusters in Madeira and Portugal.
Details of the 1,000th ship in the International Shipping Register of Madeira: STAR ASIA – Bulk carrier of the Chartworld Maritime Management Corporation, Glyfada, Greece. Length: 292 metres; width: 45 metres; tonnage 94,385 gt, 181,056 dwt; year of construction 2017.
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