Registration of Ukrainian ships in "convenient" registries: losses for Ukraine
Journal Title: Економіка. Фінанси. Право - Year 2019, Vol 3, Issue
Abstract
Introduction. The existence in the world of the practice of using «convenient flags» not only distorts the real picture of international shipping, but also leads to losses for some countries and for the enrichment of others. At the same time, those countries that «trade» with their flag are enriched, in fact, firstly, without fulfilling the conditions of a real connection between them and the courts; secondly, not fulfilling, in relation to international maritime law, any obligations imposed on them by conventions and treaties. Other countries suffer losses. Purpose. The purpose of the work is to study the losses incurred by Ukraine in connection with the fact that Ukrainian vessels register in «convenient» registers. Results. Ukraine, in connection with the registration of vessels of domestic shipowners in «convenient» registers and the actual loss of the merchant fleet, continues to bear not only financial but also reputational losses. In addition, the current situation has led to a slowdown in the socio-economic development of individual settlements and the complete degradation of the shipping complex of the country. This was aided by a whole pool of problems. For decades, in Ukraine, the incorrect reform of the maritime industry, which led to the loss of some ports of Ukraine, put the majority of shipbuilding enterprises at the brink of bankruptcy. Conclusion. It has been established that, despite the economic, social and geopolitical factors, Ukraine still has the potential to create acceptable conditions for registering foreign shipowners, all that is needed is political will. In addition, for the revival of the Ukrainian merchant fleet, it was proposed to adopt a package of laws based on the experience of countries whose flag is considered «convenient» («open» the Ukrainian registry or create a second international one), create the most equal conditions and tax holidays for ships under the Ukrainian flag and etc.
Authors and Affiliations
Vitalii Valentynovych Honcharenko
Keywords
Related Articles
- EP ID EP671234
- DOI -
- Views 56
- Downloads 0
State and development trends of construction in Ukraine
Introduction. The current state of all economic systems is characterized by a high level of volatility. The enterprise, for the sake of its sustainable development, needs to conduct analytical researches on the current s...
Organizational and economic mechanism of transformation management in the system of enterprise’s economic security
The theoretical and instrumental foundations of organizational-economic mechanism of transformations management in the system of economic security of enterprise are considered in the article. The requirements are present...
Peculiarities of political management in conditions of formation of civil society
The article reveals the essence of the concept of "political management" and considers the types and forms of political management that can be used in the management of the political process. It is determined that the ke...
The selection of planned independent function (single) of economic diagnosis among functionally developed systems' functional subsystems of strategic management of enterprises' activity
In the article the allocation of strategic management system of business and industrial associations to integrated economic subsystem diagnostics is substantiated. The expediency of creating in designed and operating sys...
Analytical tools in the stress-testing system of financial instability of the enterprises
In the article the process of creation of the system of prognostication of financial instability of enterprise is examined for the acceptance of the operative operating under warning of bankruptcy. The program is present...