SMR

Example:The flag state is responsible for ensuring compliance with international maritime safety and environmental regulations.

Definition:The country under whose flag a ship is registered and which has responsibility for the ship.

Example:Ship registration with a special maritime registry (SMR) can offer certain tax benefits to shipowners.

Definition:The official registration of a ship with a particular country or group of countries.

Example:A vessel registration through a special maritime registry (SMR) is often more flexible than traditional ship registrations.

Definition:The process of officially registering a ship or vessel with a government for tracking and regulatory purposes.