Jurnal Internasional

International Journal Logistic Management: Towards a new era in ship registration

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Abstract
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.
Keywords Ships, Countries, Maritime law, Ship registration, Flagging out,
Flag of convenience (FOC), Panel data
Paper type Research paper

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Ketersediaan

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Informasi Detail

Judul Seri

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No. Panggil

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Penerbit

: Emerald Insight., 2013

Deskripsi Fisik

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Bahasa

English

ISBN/ISSN

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Klasifikasi

NONE

Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

Vol. 24 Iss 1 pp. 87 - 100

Subjek

Jurnal Logistik

Info Detail Spesifik

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Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

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