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re: Houthis hit cargo ship killing two. Ship might sink
Posted on 3/6/24 at 7:01 pm to DownshiftAndFloorIt
Posted on 3/6/24 at 7:01 pm to DownshiftAndFloorIt
quote:
A Barbados flagged Libian owned US ship?
The flag a ship flies and where the ship is registered has nothing to do with who actually owns a ship. A ship can be registered anywhere, so most large ships fly a flag of convenience from a country that is friendly to shipping. Panama and Liberia are the two most common. Even Mongolia and land locked Bolivia are used. As you can imagine, the United States is not a preferred country. This particular ship is owned by a Greek company.
Flag of Convenience
1
Posted on 3/6/24 at 9:33 pm to captdalton
Yea, well aware.
I've long had an issue with the flag of convenience thing. Fly a US flag, pay US taxes, get the full services of the USN. I just wish our tax and regulatory arrangements weren't so unfriendly to that.
I've long had an issue with the flag of convenience thing. Fly a US flag, pay US taxes, get the full services of the USN. I just wish our tax and regulatory arrangements weren't so unfriendly to that.
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