Miniscule Republic of San Marino starts open shipping registry
Landlocked microstate ventures into the world of shipping by launching open registry and vies with Tuvalu and Nauru for title of smallest country with an open flag.
The Republic of San Marino has launched its own open flag registry, making it possibly the smallest nation with an open flag.
Completely landlocked by Italy, it encompasses just 24 square miles and has a history as an independent state stretching back 1800 years.
The newly-incorporated San Marino Ship Register will operate the registry on the government’s behalf and hopes to attract yacht owners and commercial shipowners.
“The game has changed. Make San Marino your new flag of choice for a record 48-hour registration process, attractive fee and tax regimes, and no restrictions based on nationality,” said Gianluca Tucci, the company’s general manager.
“The brand-new partnership between the San Marino Maritime Authority and San Marino Ship Register will establish San Marino’s position as a key player in the maritime industry,” said Marco Conti, Director General of the San Marino Civil Aviation and Maritime Navigation Authority.
