Sentences with phrase «flag of convenience»

In addition to ships flying flags of convenience, some ships have no nationality at all.

, and «Taylor - made: the pivotal role of Liberia's forests and flag of convenience in regional conflict» Global Witness, September 2001.

In fact, many of the 60 or so cruise ships that carry an estimated 8000 people to Antarctica each year already sail under flags of convenience.

That would have essentially taken control of Russian oil out of the national patrimony, and probably left it with little sales and export revenue after Exxon's accountants had done the usual creative tax strategies using flags of convenience and offshore banking centers to leave no reported taxable earnings.

Transfer price: The administered price at which global conglomerates transfer oil, minerals or other products (including financial securities) from one stage to the next (such as from oil drilling to refineries) in their vertically organized operations, typically via ships flying flags of convenience registered in offshore banking centers.

Of the major flag of convenience nations, only Liberia, the Marshall Islands and Antigua and Barbuda — which together hold about 17 per cent of the world's shipping tonnage — have ratified.

Exterritory Project's video Flags of Convenience, 2016, commissioned by Pelican Bomb for this exhibition, points to practices of transnational corporations that use national flags to evade legal frameworks for both taxes and human rights.

Considering that some treaty signatories will continue to operate fishing vessels under flags of convenience and poachers are unabashedly nabbing krill and fish, establishing national ownership of Antarctic waters may be a better route to engender sustainability.

From these flags of convenience locations, which have no tax on profits, the oil was then sold to Western refineries at prices marked up to eliminate profits.

flying «flags of convenience» as a means of avoiding income taxes nearly a century ago.

If human rights is no more than a flag of convenience, its rallying power diminishes.

Sometimes, vessels find another way for registration, that is called «flags of convenience».

But unscrupulous owners avoid rigorous maritime inspection by switching to a flag of convenience where the authorities are not noted for enforcing regulations.

The prime villains are the small nations that offer «flags of convenience» to foreign shipping lines so they can benefit from low taxes and lax regulations.

During the 1930s the title M16 was adopted as a «flag of convenience» for SIS and was used extensively during World War II - it was one of 17 military intelligence units established by the British during the war.

Is it a flag of convenience?

The complexity of 28 member states in different climate zones and with very different regulatory traditions explains some of it, but the «cost optimal» definition and methodology embodied in the EPBD has proved to be something of a flag of convenience for all sorts of natural procrastinators, climate change deniers and adherents to political expediency right across Europe.

The vessels registered there fly a flag of convenience as the islands» people face an inconvenient truth.

Websites are not ships that can choose a flag of convenience to govern which country's laws govern them.

It has been reported that a major merchant ship goes down somewhere in the world every two or three days; most are ships sailing under flags of convenience, with underpaid crews and poor safety records.

In other words, the term no - fault becomes a flag of convenience when couples decide to lower their sails and end the voyage of a marriage gone south, not the reason they ended the marriage.