Flag of convenience essay

Seafarers are vital to all of us. They travel the globe with everything we need, from bananas, oil, gas and building materials to cloth, grain and frozen meat. They are also an invisible labour force. What goes on at sea is often out of sight of regulators.
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Jesmyn Ward: Why I Decided to Return Home to the South | Time

A flag of convenience is the name given to a ship when it is to be flying and if the ship is registered in an alien country meant with the intention of reducing working costs and to circumvent the administrative regulations. This term is being used from the times of s and is referred to the flag which a ship flies in the process to indicate its registration from its respective country. This country of registration will decide the regulation under which this ship is obligatory to function and that to the only applied in that pertinent admiralty case. The cause for preferring an open register are assorted which consist of the tax protection, the prevention of some national regulations, and labor pay scales which political boycotts as well. And again, in the South African parts, neighboring ship-owners exploits the open registers in order to stay away from the shipping boycotts. And Well, this Globalization do have a considerably influence over the mechanics of the world-wide trade and is affecting the working structures of the merchant vessels and the possession.
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My True South: Why I Decided to Return Home

Furthermore, Ecuador is allowed to impose laws that regulate the territory and consume resources that lie inside this defined area. Additionally, Ecuador is expected to chart this water and to provide warning of navigational hazards Slomanson No maritime States can refuse them. It is required of the flag state to enact a law which imposes this obligation on the master of the ship.
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In OpenSea, we are looking at every opportunity which helps Shipowners to cut their operational costs, so we decided to analyze one more traditional way and look on it from Charterers perspective as well. In the past, the choice of the flag was easy since the Owners registered and crewed their ships in the country where they conducted their business. However, this changed around the mid of the previous century when the American owners found that there was a very high cost involved in running the ships under the American flag mainly due to the high crew wages and it made it impossible for them to be competitive in the international shipping market. Finally, they found this state of affairs in Panama and Liberia which had already established open registries.
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