International waters laws can be extremely confusing and complex, especially for someone who doesn't practice law to begin with. There are so many layers, deciphering what's legal and what's not for a location isn't always easy. If you go on cruises or travel in international waters frequently, it's … [Read more...]
What is a Flag of Convenience?
Sailing a ship under a flag of convenience is a business practice that a growing number of ship owners take. The ship operates and is taxed under the laws of the country for which it is flagged. Registering the vessel in a different country than the one where the owner lives helps them save money. … [Read more...]