Flags of convenience : a study of internationalisation

B.N. Metaxas

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Law, logistics, and international trade Transport and Economic Policies Maritime Security and History

Abstract

The purpose of this book is to discuss the hypothesis that flags of convenience lead to the formation of a regime of immunity in the shipping world, and in the long-run to higher real costs and freight rates than would have been the case had the world merchant fleet consisted only of ships maintaining a minimum of safety and economic regulation under national flags.

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