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Learn what flags of convenience (FOCs) are, how they exploit seafarers and how the ITF campaigns against them. Find out how the ITF supports FOC seafarers with agreements, inspections and assistance.
Flag of convenience (FOC) is a business practice whereby a ship's owners register a merchant ship in a ship register of a country other than that of the ship's owners, and the ship flies the civil ensign of that country, called the flag state.
10 de nov. de 2023 · Learn what ship registries are, why ships are registered in different countries, and what are the advantages and disadvantages of flag of convenience. Find out the types of ship registries, the reasons for choosing a flag, and the examples of popular flag states.
Hace 2 días · Learn what a flag of convenience is and why shipowners register their vessels in different countries. Find out the pros and cons of open registries, the list of flag of convenience countries, and the history of the practice.
What are FOCs? A flag of convenience ship is one that flies the flag of a country other than the country of ownership. The ITF takes into account the degree to which foreign owned vessels are registered and fly the country flag, as well as the following additional criteria, when declaring a register an FOC:
In business and commerce, the term flag of convenience is the use of a place, jurisdiction, state or country as a nominal (in name only) "home base" for one's operations or charter, even though either no or virtually no operations or business are conducted there.
A FLAG OF CONVENIENCE (FOC) VESSEL IS ONE THAT FLIES THE FLAG OF A COUNTRY OTHER THAN THE COUNTRY OF OWNERSHIP. IT IS ATTRACTIVE TO SHIPOWNERS WHO CARE MORE ABOUT THEIR BOTTOM LINE THAN THE WELFARE OF THEIR SEAFARERS, BECAUSE IT CAN SAVE THEM MONEY. The FOC system: the scourge of maritime.
