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Why is the Panama flag so popular among shipowners?A custom that goes back to the Prohibition era "Flagging out" and using the flag of Panama is a practice that goes back to the end of the First World War and the Prohibition era, when alcohol was ...
Washington in recent years has requested that Panama, which gives its flag to 15% of the world's merchant fleet by tonnage, cancel the registration of dozens of ships targeted for transporting ...
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