A ship is said to be ‘flying a flag of convenience’ when the flag on the stern of the ship, representing the country of the Port of Registration, is not the home country of the company which owns the ship. This practice is also known as an ‘open register’, and enables ship owners to choose a ship registration regime which may have less prescreptive maritime regulations and lower taxes.
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Norway ceasing defence-related exports to Saudi Arabia
Norway has decided to enforce restrictions on sales of defence-related technology to Saudi Arabia. Currently controversy surrounds KSA due to its involvement in the civil war in Yemen. The Minister minister for foreign affairs in Norway, said no new licences ...Read More
China more open to imports
China has said to the Agriculture Minister of Poland that it is now more open to imports. He recently talked on a visit to China about expanding the range of exports from Poland, including fruit and vegetables. An International Import ...Read More
US exports more meat to emerging markets
As tastes change in emerging markets, the USA benefits from higher exports, especially to Asia. Exports to established markets are also improving. The U.S. Meat Export Federation said; “We continue to see very good momentum on the beef side globally”. ...Read More
Exports to Sweden
From January to September 2018, Belarus almost doubled its exports to Sweden, according to information from the Belarusian embassy in Sweden. Since January trade between Belarus and Sweden has risen by 28%. Goods exports from Belarus have increased by 87.3%. ...Read More
