Latest posts
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Flag-Hopping at Record Highs: Is Maritime Safety at Risk?
Flag-hopping is the practice whereby a ship owner or an operator frequently and strategically changes their vessel’s flag state (or registry) to circumvent legal, regulatory, or economic obligations. According to the latest data from maritime analytics company Windward, flag-hopping is now a standard operating procedure for a parallel shipping network designed to circumvent international sanctions.…
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Panama Defends Cancelling Flag of Over 650 Ships
The Panamanian government has responded to criticism regarding its flag registry’s alleged inaction against vessels involved in transporting Iranian oil, emphasizing its efforts to deregister non-compliant ships. As the world’s largest ship registry, with around 8,500 vessels, Panama has faced scrutiny over “shadow tankers” operating under its flag to facilitate Iranian oil trade in violation…