A vessel registered under the flag of a particular country. Some counties support their merchant marine industry by limiting certain types of cargo to vessel registered in their nationality such as government-financed purchases of foreign aid. See also preferential cargo.
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A ship registered under the flag of a country (like Cyprus or Liberia) that offers a minimal degree of control in the areas of taxes, crew and safety requirements.
Read MoreFlagship store
In retail business the designation of flagship is given to a retailer’s primary location, a store in a prominent location, a chain’s largest store, the store that holds or sells the highest volume of merchandise, a retailer’s most well-known location,…
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