Maritime Flags in the Caspian Sea

This is some text inside of a div block.

← Back

Background

Country:

Azerbaijan Kazakhstan, Russian Federation, Turkmenistan

Duration:

Start date:

October 1, 2011

End date:

November 1, 2011

Budget:

€10,000.00

Funding:

Private client

Client / Contractor:

GEMS International NV

Partner / Sub-contractor:

Objective

Feasibility study for the most favorable vessel's flag in Caspian Sea (option between Azeri, Russian, Kazakh and Turkmen flag) for a vessel having Belize flag.

Results

Based on this comparative assessment, proposals were developed outlining the optimal options for flying a maritime flag in the Caspian Sea, taking into account legal feasibility, administrative efficiency, and economic considerations.