Which flags do we all fly and why? I am on a UK Red ensign and the owner is enquiring about cheaper flags to fly. The US flag is out of the question, so any other suggestions?
i would like to see more big yachts on Barbados flag. i have experience with them for the commercial ships and they are providing fast response to questions and fast processing of the documentation. something that is missing at some of the big flags. I only saw LADYSHIP though under Barbados, there must be more.
i have been flying jersey flag in my previous 3 boats and due to a high charges and restrictions i have decided to go for cayman on my next boat, which is still a dominion flag but cheaper and less restricted. you can also check marshall islands, which is relatively cheap to fly.
There's a complete article on the subject in the latest edition of "Boat International (November 2005). GReetz, S.
An alternative, for the yacht and company : www.corporate-premier.com/english/yacht.html or: www.offshoresimple.com/offshore_yacht_registration.htm