All posts tagged flags of convenience

There is exactly one major cruise ship, Norwegian's Pride of America, that is registered in the United States (i.e., that flies an American flag). Given the vastness of the American cruise market, this may come as a surprise. Why exactly are essentially all cruise ships registered in foreign countries, which means these cruise ships must fly a foreign flag, which is also known as a "flag of convenience"? Isn't it somewhat strange that a cruise ship that is based at a U.S. port and owned by a U.S. Read more [...]