Flag Of Convenience
Summary of Flag Of Convenience
Registration of a vessel in a country other than that of the ship’s owners, because the registering nation affords the owners tax or other benefits not available in the home country.
(Main Author: William J. Miller)
Introduction to Flag of Convenience
Flag of Convenience, national flag flown by a ship that has registered in that country to avoid legal or tax commitments (also known as offshore registry). Flags of convenience are common in the merchant fleets of Liberia and Panama. Ships registered in these countries avoid legislation governing, for example, employment of sailors and minimum rates of pay.
In 1995, 75 million gross metric tons of shipping was registered in Panama, making it the world’s largest merchant fleet. Ships registered under flags of convenience accounted for 34 percent of the world’s fleet in 1993.” (1)
Flag of Convenience in International Trade
Meaning of Flag of Convenience, according to the Dictionary of International Trade (Global Negotiator): A ship registered under the flag of a country (like Cyprus or Liberia) that offers a minimal degree of control in the areas of taxes, crew and safety requirements.
Flag of Convenience
Embracing mainstream international law, this section on flag of convenience explores the context, history and effect of the area of the law covered here.
Resources
Further Reading
- The entry “flag of convenience” in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, the Encyclopaedic Dictionary of International Law, 2009), Oxford University Press
Resources
Notes and References
- Information about Flag of Convenience in the Encarta Online Encyclopedia
Guide to Flag of Convenience
Hierarchical Display of Flag of convenience
Transport > Maritime and inland waterway transport > Maritime transport > Maritime law
Flag of convenience
Concept of Flag of convenience
See the dictionary definition of Flag of convenience.
Characteristics of Flag of convenience
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Resources
Translation of Flag of convenience
- Spanish: Bandera de conveniencia
- French: Pavillon de complaisance
- German: Billigflagge
- Italian: Bandiera di comodo
- Portuguese: Pavilhão de conveniência
- Polish: Bandera dogodna
Thesaurus of Flag of convenience
Transport > Maritime and inland waterway transport > Maritime transport > Maritime law > Flag of convenience
See also
- President of the European Parliament
- Comic strip
- Monthly payment of wages
- Animal carcase
- Utenos apskritis
- Homogenized milk
- Indian Ocean Region
- Marijampoles apskritis
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