Article

Towards a New Era in Ship Registration

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Purpose – In the aftermath of the financial crisis, flagging behaviour exhibits different features than
before. The purpose of this paper is to examine the current ship registration situation and particularly
the impact of the 2008 financial crisis on flagging behaviour in light of national characteristics.
Design/methodology/approach – The paper provides an overview of ship registration over the
past 14 years and picks up new trends in the changing global economy. Moreover, a panel data
analysis is applied to examine flagging in/out on a state by state basis.
Findings – The clear-cut distinction between national registration and open registration has
been diminishing and a convergence has been observed between the two flag types. The sovereignty
of states creates a set of regulatory niches. The panel data results show that the flagging behaviour
varies from nation to nation. A shipowner’s view on choice of flag might be affected by national
characteristics, and different continents and ship types tend to exert different influences on
flagging out.
Practical implications – It is an oversimplification to assume the downfall of regulation and the rise
of liberal deregulation, as different nations have different roles to play in this globalised maritime
arena. At some point, an equilibrium may be established whereby the ratio of flagging out would reach
a stable plateau within each nation.
Originality/value – This paper identifies the new features of ship registration after the financial
crisis. Whereas flagging behaviour has been examined before from many different perspectives, this
study approaches the issue from a macroeconomic viewpoint and further elucidates the impact of
national states on the globalised phenomenon of the shipping world.

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Ketersediaan

Informasi Detail

Judul Seri

The International Journal of Logistics Management

No. Panggil

ATC LO HAI t

Penerbit

United Kingdom : Emerald Insight., 2013

Deskripsi Fisik

19 p

Bahasa

English

ISBN/ISSN

0957-4093

Klasifikasi

LO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Vol. 24 Iss 1 pp

Subjek

Maritime Law
Maritime
ships
Ship Registration

Info Detail Spesifik

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Pernyataan Tanggungjawab

Haider, Jane Jing

Versi lain/terkait

Lampiran Berkas

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