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A “flag of convenience” vessel is one that flies the flag of a country other than the country of ownership. The ship “Hong Tai,” registered in the West African nation of Togo with Chinese ...
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Why is the Panama flag so popular among shipowners?"Panama is a typical flag-of-convenience state." He told DW that such states enabled "shipping companies to register their ships at comparatively low costs and thus fly the flag." He said that ...
In spite of this individual embarrassment, international regulators consider the registry one of the better flags of convenience. It is also the world's largest cruise ship registry, which has ...
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