Republic of the Marshall Islands Registry Recognizes Milestones and Achievements at Posidonia in International Shipping News 03/06/2026 Mr. Anthony E. Comninos honored with the Captain Xenakoudis Excellence in Shipping Award The Republic of the Marshall Islands (RMI) Registry recognized several milestones and achievements during Posidonia, highlighting the collaboration and teamwork to make them possible. In mid-May 2026, the United States Coast Guard (USCG) released the 2025 Port State Control (PSC) Annual Report, which recognized the RMI as a qualifying jurisdiction for the 22nd consecutive year. The RMI is the only one of the world’s three largest registries to achieve QUALSHIP 21 for this year and the only registry in the world to achieve 22 consecutive years. The Registry also took the opportunity to recognize the recent landmark judgment at the International Tribunal for the Law of the Sea (ITLOS) in favor of the RMI in the Republic of the Marshall Islands v. Republic of Equatorial Guinea M/T “Heroic Idun” (No. 2), which reaffirms freedom of navigation and the principle of exclusive flag State jurisdiction on the high seas. During its Posidonia celebration, the Registry honored prominent Greek shipping leader, Mr. Anthony E. Comninos, founder of Target Marine S.A. and Horizon Tankers, with the Captain Xenakoudis Excellence in Shipping Award. “Tonight we celebrate excellence and remember the shoulders on which we stand,” said Bill Gallagher, President of International Registries, Inc. and its affiliates (IRI), which provide administrative and technical support to the RMI Registry. “The award’s namesake, Captain Costas Xenakoudis, was a remarkable maritime leader, a true man among men. Hands on in every aspect of the business, Captain Costas cared deeply for the people he worked with, from the seafarers aboard the vessels he captained as a mariner to those that he supported through certification, inspection, and documentation activities shoreside,” continued Mr.