
Flags of Convenience: The largest shipping registries are Panama, Liberia, Greece, Marshall Islands and the Bahamas, Approximately 6,300 sail under the Panamanian flag, making Panama the largest. The Greek-controlled fleet is at almost 90 million gross tons. The Marshall Islands is fourth with 1, 500 vessels and 37 million tons. Bahamas has 1,500 vessels at 27 million tons. Other significant flags include Cyprus and Malta
14.10.11
Rena: water not supporting bow, stern
Liberian-flagged Rena has been stuck for nine days on a reef 14 miles off the east coast of New Zealand's North Island, spilling about 300 tons of heavy toxic fuel and some of its hundreds of containers into the sea."What's holding the vessel together at the moment is the fact she's lying on the reef and some internal structures, companionways, ducting and the like inside the vessel," Maritime NZ spokesman "The ship is supported over part of its bottom and the water is not providing the usual support to the bow and stern so the static forces will be tending to bend the ship. In addition the waves will be causing changing forces that will tend to grow cracks,"
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