The flag state has the authority and responsibility to enforce regulations over vessels registered under its flag, including those relating to inspection, certification, and issuance of safety and pollution prevention documents. As a ship operates under the laws of its flag state, these laws are used if the ship is involved in an admiralty case.
The term "flag of convenience" describes the business practice of registering a merchant ship in a sovereign state different from that of the ship's owners, and flying that state's civil ensign on the ship. Ships are registered under flags of convenience to reduce operating costs or avoid the regulations of the owner's country. Since the 1921 Flag Right Declaration, it has been recognised that all states—including land-locked countries—have a right to be a flag state.
Panama is currently the world's largest flag state, with almost a quarter of the world's ocean-going tonnage registered there.
All industries except the Transportation & Storage and Professional Services industries registered higher business receipts ... This was mainly due to the water transport segment which registered a decline in revenue as a result of lower freight rates in the shipping industry.
Until March 2024, the ship will make a total of 14 ...Nearly 60 cruise ships have already been registered for port calls at the Halong InternationalCruisePort next year, taking over 70,000 passengers to the city.
QUẢNG NINH — Chinese-flagged cruise ship ZhaoShang Yi Dun docked at the Hạ LongInternationalCruisePort in the northeastern province of Quảng Ninh on Tuesday, bringing 721 visitors to the world-famous tourist destination ... So far, nearly 60 cruise ships with over 70,000 travellers have registered to visit Hạ Long in 2024.
Turkish officials were responding to a Cameroon-registered general cargo ship that was sailing along the northern coast of Turkey in the Black Sea after departing Poti in Georgia... Another small general cargo ship, the FRPearl registered in Palau was also driven ashore in eastern Turkey near the border with Georgia.
For the time being, Russia is successfully dealing with this by relying on its shipping company Sovcomflot, while many little-known shipping firms registered in the UAE, India, Hong Kong, Seychelles, Ghana and other locations are stepping in, according to traders and shipping data.
On November 19, while travelling through the Red Sea, armed attackers boarded the GalaxyLeader, a vehicle carrier flying the Bermuda flag and leased by the Japanese shipping corporation NYK, without authorization using a helicopter. The ship was brought to the Hodeidah port region in Yemen, where it is now anchored.
An Israeli-linked ship was hijacked in the Gulf of Aden, off the coast of Yemen, the vessel's management said on Sunday ... The attack on the CMA CGM Symi container ship came a week after Houthi rebels hijacked an Israeli-linked ship in the Red Sea ... It is not an Israeli ship," the military added.
The USS Mason and allied ships have recovered the Israel-linked Central Park tanker, which an “unknown entity” hijacked in the Gulf of Aden off the coast of Yemen, U.S ... During efforts to free the ship, five armed individuals attempted to flee in a small boat and were arrested by the U.S ... It is not an Israeli ship,” the military added.
One person was arrested Monday for allegedly duping a shipping company\u2019s captain of Rs 37 lakh using a fraudulent Forex trading App in Mumbai... The shipping firm captain then went to Uttar Pradesh to the registered address of the app company and found that there was no office of any forex company with that name.
The attack on the CMA CGM Symi container ship, which caused no injuries, came a week after Yemen’s Iranian-backed Houthi rebels hijacked an Israeli-linked ship in the Red Sea... The Symi is registered to Singapore-based Eastern Pacific Shipping, which is controlled by Israeli billionaire IdanOfer ... The vessel was also owned by Eastern Pacific Shipping.
Early assessments said the ship met with a rough sea in the Aegean – with northwesterly winds registering 8 on the Beaufort scale – and may have started taking in water, which would have contributed to its listing and subsequent sinking.
According to numerous media reports, since the introduction of Western restrictions on its seaborne crude, Russia has started to use the so-called ‘shadow fleet’, aging tankers belonging to shipping firms registered in India, Hong Kong, Seychelles, and other ...
The CentralPark is managed by Israeli shipping magnate EyalOfer's ship management company, London-based ZodiacMaritime. The company has previously emphasized that it is a UK-based and registered firm, with all employees in the UK and offices in the UK. The ship's crewmembers ...
Shoppers long have relied on Black Friday deals to save some money and streamline shopping excursions ... If the store offers free pickup for online orders shipped to the store, then consumers can use this option to get the discount but avoid shipping fees. Plus, pickup kiosks generally are less crowded than waiting for the checkout registers ... TF23B491. .