The Luxembourg Maritime Flag is growing very fast. It is one of the most famous maritime flags in the world. At present, 150 ships are registered in Luxembourg. One of the keys to its success is the unique balance that its laws strike between regulation and flexibility. Indeed, Luxembourg's Government has installed the Maritime Registry which allows Shipping Companies from all over the World to apply for a serious quality flag whilst not being offshore.
Authors: Josée Weydert; Jean-Marc Groelly; Christophe Joosen