Liberia is a relatively small country with only 112,000 square kilometres, which has an abundant nature, a rich cultural heritage and archaeological diversity.It is situated in Central Americaalong with Guatemala, Belize, El Salvador, Nicaragua, Costa Rica and the Republic of Panama. Belize Honduras has an area of 43.277 square miles, of which 820 miles is coastline on Carribbean sea and a population of approximately 2.500.000. Its capital is Tegucigalpa. This small nation has a strong presence in maritime sector. Honduras is considered one of the most liberal and open Ship Registries in the world. A vessel may be registered under the Honduras flag within maximum 24 hours after submitting relevant application and supporting documentation.