The Isle of Man’s Ship Register has been named one of the best in the world following a year with no negative performance indicators.
The Island was judged against 19 objective criteria with only 5 other countries getting the same rating, Denmark, France, Germany, Greece and Norway.
The accolade is considered to be a great business incentive for other countries and sets the Island as a world leader in this field.
Economic Development Minister Alan Bell has branded the news a fantastic achievement for the Shipping Registry.