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.
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The ship was registered under a new flag by the small Indian Ocean state of Comoros, which is so lax in its standards for shipping safety it has been blacklisted by the port authorities of the European Union... That month, Comoros deflagged the ship, according to the IMO, which ...
The military monitored the situation using ships and aircraft, ... A senior Tsai administration official familiar with security planning said the Chinese aircraft only “slightly” encroached across the median line, and that no unusual movements by Chinese ships had been registered.
The current $60-per-barrel ceiling won’t be changed, the EC says ... That figure was down $2.7 billion from January, when volumes were significantly higher ... However, the restrictions cannot prevent Russia from shipping its crude at any price if the cargos do not use services and vessels of enterprises based or registered in G7 and EU countries ... .
“The pooling option in FuelEU Maritime means that companies investing in a zero-emission capable ship would be in a very strong bargaining position when offering to pool with other non-compliant vessels,” Lloyd’sRegister noted in a market update this week, adding the caveat that ...
A new software system, developed as part of a joint project between shipbuilding Hyundai Heavy Industries, Eastern Pacific Shipping, and Lloyd’s Register, has received critical approval in the effort to prevent excessive rolls for containerships that lead to stack collapses and overboard losses.
Northern Health is suing a ship owner alleged to have reneged on bills for medical expenses ... The ship's owner, Vitcay MaritimeInc., is listed as a defendant, as is the ship's manager, Zodiac Maritime Ltd., both registered at an office in London, as well as G.W. Nickerson Co ... . . .
Northern Health is suing a ship owner alleged to have reneged on bills for medical expenses ... The ship's owner, Vitcay MaritimeInc., is listed as a defendant, as is the ship's manager, Zodiac Maritime Ltd., both registered at an office in London, as well as G.W. Nickerson Co ... ....
Photographs shared by the coastguard showed the MV Lady MaryJoy 3 ship being sprayed with water, while rescued passengers were brought to the shore ...BasilanGovernor Jim Salliman said there could be more people missing because the number of passengers on the vessel exceeded the 205 listed in the ship’s manifest.
The data – which shows fuel consumption savings of 5-25%, or even more - has been measured and analysed independently by Lloyd’s Register, one shipping’s leading providers of classification, compliance and consultancy services to the marine and offshore industries, as well as ABB, NAPA, Chalmers University of Technology and VTT.