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.
The way the ships are being managed in more recent times are a combination of ... The non-asset-based ship operating company should be forced to register with minimum certification to actually operate ships.
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A nondescript general cargo ship registered in Panama, the Balsa 94 (7,700 dwt) received the honors of being the first ship through the new channel passing the wreckage of the bridge and the Dali around 10.00 a.m.
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They included three vessels, Chem (10,280 dwt), K MA (24,000 dwt) and Conrad (10,000 dwt) all registered in the Cook Islands. Also, they targeted another product tanker, Dancy Dynamic (47,400 dwt) registered in Palau.
A nondescript general cargo ship registered in Panama, the Balsa 94 (7,700 dwt) received the honors of being the first ship through the new channel passing the wreckage of the bridge and the Dali around 10.00 a.m.
In particular, the container ship EF OLIVIA, a 42,200 dwt vessel registered under Portugal, collided with the general cargo ship HAYRIYE ANA, an 8300 dwt Liberia-flagged vessel. Both ships incurred ...
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... to promote and strengthen the Register of CyprusShips and Cyprus shipping in general, with the aim of attracting shipping companies to Cyprus and ships to the Register of Cyprus Ships.