flag of convenience

flag of convenience

Int’l law. A national flag flown by a ship not because the ship or its crew has an affiliation with the nation, but because the lax controls and modest fees and taxes imposed by that nation have attracted the owner to register it there.

? After World War II, shipowners began registering their ships in countries such as Panama, Liberia, and Honduras to avoid expensive and restrictive national regulation of labor, safety, and other matters. Since the late 1950s, there has been increasing international pressure to require a ¡°genuine link¡± between a ship and its flag state, but this reform has been slow in coming. ¡ª Abbr. FOC. [Cases: Shipping 2. C.J.S. Shipping ¡ì 1.]


What is the Chinese interpretation of flag of convenience?
TermBase About LegalLingo
LegalLingo, a Shanghai-based translation agency, is a recognized leader in comprehensive legal language solutions for the legal industry. We provide the world’s leading law firms and corporate legal teams with a full suite of services, ranging from the translation of contracts and compliance documentation to full-scale multilingual litigation requiring certified translation and Chinese document review. We deliver customized legal document translation solutions based on your case’s size and budget requirements, utilizing industry-leading technology to ensure accuracy, lower costs and faster turnaround times.