Why so many shipowners find Panama’s flag convenient (bbc.co.uk)

Panama, a small nation of just three million, has the largest shipping fleet in the world, greater than those of the US and China combined. Aliyya Swaby investigates how this tiny Central American country came to rule the waves. (…) Cheaper foreign labour Most merchant ships flying Panama’s flag belong to foreign owners wishing to […]


April 11, 2016