Cutting 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." He ...

PANAMA CITY (Reuters) - Panama has made progress stripping vessels from its registry that do not meet its flag's standards, the Central American nation's Maritime Authority said on Wednesday ...

Washington in recent years has requested that Panama, which gives its flag to 15% of the world's merchant fleet by tonnage, cancel the registration of dozens of ships targeted for transporting ...