The Singapore Registry of Ships (SRS) is the administration responsible for executing proper registration of ships and ensuring that ships and owners meet the stringent criteria required for their ships to sail under the Singapore flag. Established in 1966, it has more than 50 years of experience in ship administration. With more than 4,400 ships that aggregate over 96 million gross tons (GT), the SRS is amongst the world’s top ten registries with one of the youngest quality fleets. The strong growth of the SRS could be attributed to its reputation as a responsible and quality registry, also known for its reliability, efficiency and professionalism. The fleet mainly comprises of tankers, bulk carriers and container ships, which play an important role in moving goods around the world. Of late, however, there have been more offshore vessels like floating production storage and offloading units, which support the oil and gas industry.
The maritime industry remains one of the key pillars of Singapore’s economy. Over the years, the SRS has evolved to become a critical enabler to the development of our maritime services and complements other longer term efforts by MPA to develop Singapore as a major centre for maritime businesses. The Singapore flag has grown to become the preferred choice of flag for many quality ship owners and operators. This in turn drives ship-owning activities in Singapore, generating positive maritime ancillary spin-offs such as ship financing, ship broking, marine insurance, legal services and maritime training.