Why so many shipowners find Panama's flag convenient
A BBC investigation into the growth of the Panamanian flag in shipping. A really good ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
A viewpoint from union leader Steve Cotton, general secretary of the International Transport Workers Federation, on how flags of convenience system undermine seafarers’ rights and welfare. And a well-argued piece it is, although sure to draw opprobrium from shipowner organisations. He makes some good points that many shipowmers, whose membership fees support these lobbying organisations, ought to be aware of. “Flags of convenience provide a veil of secrecy: complete commercial anonymity… They also impose a huge competitive burden on all those who want to run decent and responsible ships.”
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