A ship's flag—who cares?

Over 60% of ocean trade moves in ships with convenience flags, those of Liberia, Panama, Cyprus and others. Semi-detached flags of Norway, France and the UK are another of the growing devices for avoiding rich-country taxes and labour costs. Shipowners and their customers see little hope for change (taxes and labour) in their political climates at home, but they need some workable governing structure to assure safety, payment of bills, protection of the environment and decent service. It follows that all maritime nations, especially the USA and Canada, should pay more attention to the creation and observance of International Conventions.