Determinants of Vessel Flag

The choice of the flag is one of the main business decisions for a vessel operator, as that operation implies responsibilities as well as income for the countries that register vessels under their flag. For international organizations as well as national governments that have an interest in cleaner oceans and safe shipping, the compliance with the international environmental, safety and labor regulation is of high priority, and this compliance is assumed to be closely related to a vessel's flag. This paper investigates two related questions: 1) why are some flags safer than others; and 2) what are the determinants of a vessel's flag. Of interest is also the impact of the International Maritime Organization's conventions, the safety record of the operator country's national register, and possibly the income per capita. The paper will also look at quantifiable determinants of a vessel's flag. Additionally, the paper further distinguishes between specific major Latin American and Caribbean open registers. ,

  • Availability:
  • Corporate Authors:

    Elsevier

    Radarweg 29
    Amsterdam,   Netherlands  1043 NX
  • Authors:
    • Hoffmann, Jan
    • Sanches, Ricardo J
    • Talley, Wayne K
  • Publication Date: 2005

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01010753
  • Record Type: Publication
  • ISBN: 0762311770
  • Files: TRIS
  • Created Date: Nov 10 2005 5:48PM