TIL that in terms of deadweight tonnage, 40% of the world’s commercial ships are each registered in one of three countries: Liberia, Panama, and the Marshall Islands. by whatilearned August 14, 2022, 11:21 pm Read more: https://en.wikipedia.org/wiki/Flag_of_convenience What do you think? 11 Points Upvote Downvote commercialcountriesdeadweightislandsLiberiamarshallPanamaregisteredshipstermsTILToday I learnedtonnageworlds See more Previous article The worst joke I know Next article TIL that George Harrison’s 1987 hit “Got My Mind Set On You” was a cover. 3 Comments Leave a Reply Registration must be cheap. Log in to Reply Cheap labour. I mean in regards to law. I’d wager yachts are registered in tax havens like Cayman isles and Panama. Log in to Reply It is all sketchy as the rich get richer. Log in to Reply Leave a Reply Cancel replyYou must be logged in to post a comment.