The Importance Of International Registries For Naval Transport

Filip Nistor ()

MPRA Paper from University Library of Munich, Germany

Abstract: Open and international registries have provided for a period of time an attractive method to shipowners wanted to minimize operating costs, for example, levying low or no tax on ship profits and imposing no manning restrictions, and on many occasions by escaping legislative implementation and administrative control. Seven countries from EU have a second or international register. Nowadays, about half of the world’s merchant ships were registered with open registries. The aim of the present paper is to analyze the international registries and their importance on shipping market.

Keywords: international registries; shipping; shipowner (search for similar items in EconPapers)
JEL-codes: F1 R49 (search for similar items in EconPapers)
Date: 2013-05-16
New Economics Papers: this item is included in nep-tre
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Published in International Scientific Conference dedicated to European Maritime Day of 20th of May ISSN 1843-6749.1(2013): pp. 100-104

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52254

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