Finance:List of flags of convenience

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Countries listed as having a flag of convenience by the ITF.

The International Transport Workers' Federation maintains a list of countries it considers to be flag of convenience in regard to ship registration. There are currently 35 registries on the list.[1]

Criteria

In developing the list, the ITF considers "ability and willingness of the flag state to enforce international minimum social standards on its vessels,"[2] the "degree of ratification and enforcement of ILO Conventions and Recommendations,"[2] and "safety and environmental record."[2] The following registries are on the ITF list (with figures sourced from the CIA World Factbook):

Flag States

Flag of convenience registries and statistics
Registry Ships Registered Bulk carriers Container ships General Cargo Oil tankers Other
Antigua and Barbuda Antigua and Barbuda Marine Services 964 36 238 615 2 73
The Bahamas Bahamas Maritime Authority 1,440 335 53 98 284 670
Barbados Barbados Maritime Ship Registry 112 18 0 71 2 21
Belize International Merchant Marine Registry of Belize 756 53 3 373 55 272
Bermuda Bermuda Shipping and Maritime Authority 160 10 8 1 18 123
Bolivia Bolivia 55 0 0 41 3 11
Cambodia International Ship Registry of Cambodia 442 0 3 328 26 85
Cayman Islands Cayman Islands Shipping Registry 161 29 0 4 16 112
Comoros Comoros Maritime Administration 203 4 1 86 26 86
Curaçao Maritime Authority of Curaçao 92 0 0 18 1 73
Cyprus Republic of Cyprus Department of Merchant Shipping 1,022 307 183 164 57 311
Equatorial Guinea Equatorial Guinea 40 0 1 7 8 24
Faroe Islands Faroese Maritime Authority 96 0 2 41 1 52
France French Flag International Register 555 0 24 72 28 431
Georgia (country) Maritime Transport Agency of Georgia 84 1 0 24 2 57
Germany German International Shipping Register 614 1 117 87 34 375
Gibraltar Gibraltar Ship Registry 291 8 31 116 20 116
Honduras Maritime Authority of Honduras 552 0 1 250 90 211
Jamaica Jamaica Ship Registry 41 3 8 11 0 19
Lebanon Lebanese Bureau of Shipping 54 1 1 39 1 12
Liberia Liberian Registry 3,296 984 892 120 750 550
Madeira International Shipping Register of Madeira 466 52 165 57 7 185
Malta Transport Malta 2,170 660 285 317 330 578
Marshall Islands International Registries, Inc. (Marshall Islands) 3,199 1,263 260 80 775 821
Mauritius Mauritius Ministry of Ocean Economy, Marine Resources, Fisheries and Shipping 28 0 0 2 3 23
Moldova Moldova Ship Registration 172 5 2 130 8 27
Mongolia Mongolia Ship Registry 261 8 5 101 67 80
Myanmar Myanmar Department of Marine Administration 97 1 0 43 5 48
North Korea Maritime Administration of DPR Korea 248 6 3 184 25 30
Panama Panama Maritime Authority 8,052 2,665 617 1,293 809 2,668
Saint Vincent and the Grenadines Saint Vincent and the Grenadines Maritime Administration 882 22 12 198 17 633
São Tomé and Príncipe São Tomé and Príncipe 16 0 0 12 0 4
Sri Lanka Merchant Shipping Secretariat of Sri Lanka 82 8 1 9 10 54
Tonga Ports Authority Tonga 34 1 1 14 1 17
Vanuatu Vanuatu Maritime Services Limited 421 22 1 27 0 371

See also

  • Ship registration

Notes

  1. ↑ "Current Registries Listed as FOCs". London: International Transport Workers' Federation. http://www.itfseafarers.org/foc-registries.cfm. 
  2. ↑ 2.0 2.1 2.2 International Transport Workers' Federation. "What are Flags of Convenience?". http://www.itfseafarers.org/what_are_focs.cfm. 




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