Flag of Convenience and Ship Scrapping, An Environmental Threat

Ships transport 90% of the world’s traded cargo, so are crucial to the global economy. But when tankers and other large vessels are demolished.
They generate huge amounts of marine pollution, particularly if it happens in countries where environmental regulations for ship-breaking yards are lax.
The number of vessels misleadingly registered to nations other than their true country of origin — called flags of convenience — has skyrocketed since 2002.
The practice allows ship owners from nations...