Tanzania suspends its shipping ‘flag of convenience’

President John Magufuli on Friday suspended the registration of foreign vessels in Tanzania, following the seizure of drugs aboard ships flying his country’s flag.

He also ordered an investigation into the 470 vessels currently registered as Tanzanian to determine their activities and whether they are obeying rules.

Ship owners commonly register their vessels in other countries where fees are lower, rules more lax or oversight less stringent under a system known as “flags of convenience”.

Tanzania was found to be the second worst in the world and rated “high risk” by the Paris MoU organisation in its last annual “White, Grey and Black list” ranking the quality of countries’ flags for shipping.

See here: News 24