In the shipping sector, a Flag State refers to a nation where shipowners or shipping companies get their commercial ships or recreational vessels registered. Hence, the registered vessels have to carry the flag of that state.
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The Ship-breaking Industry amidst the Hong Kong Convention: Re-evaluating India’s
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC) is set to take effect from June 2025 after its ratification from countries like Pakistan and Bangladesh.
Prime Vendor Program Logistics Explained
Who is a prime vendor? It is a single large supplier [vendor] who procures goods and services from different sources for redistribution to a customer within a geographical area.
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