Flag of Convenience

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf gptkb:law
maritime term
gptkbp:criticizedFor enabling tax avoidance
enabling lower safety standards
enabling poor working conditions
gptkbp:effect ship subject to laws of flag state
https://www.w3.org/2000/01/rdf-schema#label Flag of Convenience
gptkbp:introducedIn early 20th century
gptkbp:majorCity gptkb:Liberia
gptkb:Marshall_Islands
gptkb:Panama
gptkbp:notableExample gptkb:Liberia-registered_ships
gptkb:Panama-registered_ships
gptkbp:opposedBy national flag registry
gptkbp:purpose to avoid regulations
to reduce operating costs
gptkbp:refersTo registration of a merchant ship in a sovereign state different from that of the ship's owners
gptkbp:regulates gptkb:International_Maritime_Organization
gptkbp:relatedTo open registry
gptkbp:usedIn shipping industry
gptkbp:bfsParent gptkb:Buzzcocks
gptkbp:bfsLayer 6