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Flag of convenience ( FOC) is a business practice whereby a ship's owners register a merchant ship in a ship register of a country other than that of the ship's owners, and the ship flies the civil ensign of that country, called the flag state. [1] The term is often used pejoratively, and although common, the practice is sometimes regarded as ...
Norwegian Cruise Line. Norwegian Cruise Line ( NCL) is an American cruise line founded in Norway in 1966, incorporated in Bermuda and headquartered in Miami. [2] It is the fourth-largest cruise line in the world by passengers, controlling about 8.6% of the total worldwide share of the cruise market by passengers as of 2021. [3]
Ship registration is the process by which a ship is documented and given the nationality of the country to which the ship has been documented. The nationality allows a ship to travel internationally as it is proof of ownership of the vessel. International law requires that every ship be registered in a country, called its flag state.
Sears, Roebuck and Co. (/ s ɪər z / SEERZ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago.
The new rules raise the import tariff on Chinese EVs to 100% from 25%, meaning a Chinese-made EV with a base price of $12,000 would now cost $24,000, up from $15,000 previously.
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