In accordance with the relevant international conventions and national laws and regulations, the owner, operator, name of ship, ship technical performance data and other contents of register. The registration organ is located is known as the port of registry. Port of registry is the port of registry.

Flag of convenience

In the implementation of open registry countries registered, acquire the nationality, and vessels flying their flag with the. The flag known as the flag of convenience. Its main features are:

(1) to provide convenient flag country of registration, allowing the ship owner and ( or ) the managers are not citizens of the country, also allows not to hire the crew.

(2) the ship to replace the owner without restriction, transfer easier.

(3) operating costs low, the country of registration according to the tonnage tax registration fee and the annual tax, free shipping income tax or levy a low income tax.

(4) easy access to bank lending support to their bank loans, to avoid the difficulties.

(5) the registration procedure is simple. Generally in the country of registration of foreign consulates.

(6) the country of registration of ship company without control and supervision and management. Provide convenient flag countries are: Liberia, Panama, Cyprus, Somalia, Malta, Singapore, Morocco, Sierra Leone, San Marino, Costa Rica, Honduras and lebanon.