Vessels still flying Cambodia flag

It has been a year since the government rescinded its notorious flags of convenience scheme yet foreign-owned ships appear to be flying the Cambodian flag with impunity, raising questions about whether the government has the resolve to fully abandon the controversial practice that allows merchant ships to avoid restrictions and financial charges in their home countries.

Data compiled from maritime tracking sites show at least 19 foreign-owned merchant ships flagged as Cambodian were operational within the last three months, with many of them showing movement within the last week. The vessels – ranging from yachts to ferries and cargo ships – have been operating in the waters near China, Indonesia and the Philippines, and as far afield as off the coast of Saudi Arabia.

read more http://www.phnompenhpost.com/business/vessels-still-flying-cambodia-flag

 

-- © Copyright Phenom Pen Post 29/09