The Fortnightly Delightfully Brief, Pithy And Wholly Idiosyncratic Newsletter - July 15, 2012 - Volume 1, Edition 13

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In This Issue:

The Turning Economy? Free Association; Where is the Wisdom? and Urgings.

Excerpt from Free Association:

Pithy - The moans about the Congress gutting various subsidy programs for US shipping are now whimpers. What none of the players in this trivial blue-water shipping state do not understand is that the US has a huge fleet – the second largest in the world. The reality is that US shipping capital resides in Greenwich and controls a large fleet simply not US flagged. The second reality is that the Republic of the Marshall Islands flag is a captive US flag. The Marshalls are in "free association" with the US, analogous I suppose to the Cook Islands in the antipodes. More importantly, if Marshallese law does not cover a difficulty, US law does -- by law. What is curious is the lack of US recognition of all this of a well-run flag under a government which accepts substantial US monies in aid and whose ties to the US are strong and strategically necessary. And yes, there are many Americans – seafarers and landside – employed under the Marshallese banner. Yes, Virginia, there is a large US fleet. It simply does not fly Old Glory.

Please see full newsletter below for more information.

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Published In: International Trade Updates, Maritime Updates, Transportation Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© John A. C. Cartner, Cartner & Fiske, LLC | Attorney Advertising

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John A. C. Cartner
Cartner & Fiske, LLC

CARTNER & FISKE, LLC is a law firm practicing worldwide. The firm has three principal practices.... View Profile »


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