Without being too insulting, these are totally irrelevant countries when it comes to shipping, except they've got cheap flags with low standards of regulation.

Michael Roe

Categorized in : Top News

One way to reduce costs is to choose a flag like Mongolia, it's got no coast, no ports, no real direct relevance to shipping, but it offers a flag that's cheap and low standards, therefore it is good for shipowners.

If you've got a credit card, and you've got 15 minutes, you can re-register your ship under any flag you want.