0 If a ship sails under a flag of convenience, it means it is operated or taxed under the laws of a country different from its home country in order to save money:
They always register their ships under a flag of convenience.
1 the flag of a country that will register a ship (= list it as a ship of that country) that is owned by someone from another country:
Even some landlocked countries offer flags of convenience in order to gain income.
An increasing part of the world's merchant fleet is operating under a flag of convenience, chiefly for financial reasons involving lower taxes and less stringent regulations.
Of those 746 vessels, at least 38 were directly exported to known flag of convenience countries.
What a different attitude they have to the lorry hauliers' flag of convenience argument.
We all know the flag of convenience system as applied to shipping and the harm which flows from that.
That, in essence, represents the whole case against the flag of convenience.
He is planning to sell flag of convenience registrations over the counter—a sort of flag of convenience supermarket.
The term "flag of convenience" is easily made the subject of vilification.
These are some of the realities that lie behind the loss of vessels that are operated under a flag of convenience.
We all know about the flag of convenience nations where shipowners can buy a licence for a few dollars and obtain flag accommodation.