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Why is the Panama flag so popular among shipowners? - MSNCutting costs with a flag of convenience. According to Alexander Proelss, a professor of International Maritime Law at the University of Hamburg, "Panama is a typical flag-of-convenience state." ...
Why so many shipowners find Panama's flag convenient. Published. 5 August 2014. Share. close panel. Share page. Copy link. About sharing. Image source, Getty Images. Image caption, ...
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