The Palau Naval Registry will continue to operate normally. This was underlined by the Ministry of Infrastructure Public and Industry after the middle of last month the government of the Republic of Palau had taken over its management having verified that the open register was no longer satisfactory the required operational standards and had denounced the Responsibilities of the previous private management of the Registry about inadequate controls of classified vessels, with the inclusion of ships flying the flag of Palau in a blacklist, late payments and freezing of bank accounts as a result of sanctions applied by the US. On Saturday, the ministry specified that The Ship Register continues to operate regularly under the authority of the government, with all registration services of ships, statutory certification, regulatory oversight and flag State administration provided without interruption through the Bureau of Marine Transportation.

In addition, the ministry specified that recent actions administrative issues undertaken by the government concern business matters associated with the previous operational structure of the and do not compromise professional integrity or the experience of Panos Kirnidis, former CEO of Palau International Ship Registry.

Highlighting that that of Palau continues to be a respected and trusted flag choice by the world's maritime industry, and that its reputation, validity and operation have not been affected, the Director of the Bureau of Marine Transportation, Hayes Moses, explained that the priority of his office is to "to guarantee the continuity of the service and the effective management of the flag of Palau. All Registration Services - underlined - continue to be disbursed in accordance with with established procedures and international standards".