Liberia owes its flag of convenience to a plan by an American guy - Edward R Stettinius Jr. RODNEY CARLISLE: In the last year of Roosevelt's presidency, he served as Secretary of State.

They are called “flags of convenience.” Some 60 percent of cruise ships are now registered in Panama, Liberia and the Bahamas.

As of 2023, Panama, Liberia, and the Marshall Islands collectively account for over 45% of the global merchant fleet by deadweight tonnage (UNCTAD, 2023).

Panama, Liberia, the Marshall Islands, Hong Kong, and Singapore are the top flag of convenience states, accounting for 77 percent of all vessels registered under flags of convenience.

OPINION | Elizabeth R. DeSombre Panama Papers and false flags By Elizabeth R. DeSombre ,April 6, 2016, 12:04 p.m.

Liberia owes its flag of convenience to a plan by an American guy - Edward R Stettinius Jr. RODNEY CARLISLE: In the last year of Roosevelt's presidency, he served as Secretary of State.

SIMON: This flag of convenience thing comes from early 20th century international law. For century, ships flew the flag of their home country, usually the home country of the ship owner. And this ...