Addressing Flag State Abuse in Shipping
There’s a lot more attention being paid to Flag States for shipping, and what kind of job they’re doing to police their members. Much of the attention is due to the abuse of flag state status by companies and owners who want to avoid being caught up in sanctions. Sanction regimes from major powers, US, UK, EU Paris MOU, and Tokyo MOU, are getting more strict, and exposing companies to much more…
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