Viewpoint: A flag for your convenience
For struggling shipowners, low cost matters more than respectability in the choice of a flag and it is nonsensical to suggest that some of these newcomers to the wonderful world of international ship registration, with their curious flags, are capable of properly exercising regulatory authority over these faraway ships
Cost — above all — is what is driving how companies are making the decision upon which they pick a flag authority with whom to register their ship
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