Cutting costs with a flag of convenience. According to Alexander Proelss, a professor of International Maritime Law at the University of Hamburg, "Panama is a typical flag-of-convenience state." ...

In fact, according to the Panama Maritime Authority, of the 318,000 crew members on ships flying Panama’s flag, just over 1,000 are Panamanian. Despite Cigarruista’s defense, ...

Why so many shipowners find Panama's flag convenient. Published. 5 August 2014. Share. close panel. Share page. Copy link. About sharing. Image source, Getty Images. Image caption, ...

Panama City, Panama — A U.S. special envoy on Wednesday urged Panama to stop Iranian ships from flying its flag, which allows Tehran to evade sanctions imposed by Washington.

Why so many shipowners find Panama's flag convenient. Published. 5 August 2014. Share. close panel. Share page. Copy link. About sharing. Image source, Getty Images. Image caption, ...