Low costs, high reliability, low percent of the risk of damage and loss of a cargo predetermined the specific role of sea transportation in commercial turnover. In view of recent tendencies of internationalization of trade navigation, the problem of participation of the Republic of Belarus in these relations is arising. As is well known, considering the peculiarities of Belarus’ geographic location and its farness from oceans’ and seas’ waters the issue of forming of its marine merchant fleet remains to be not the most urgent. At the same time the Belarusian legislation has neatly enough regulated the procedure of registration of sea ships and the performance of their commercial activity on marine spaces.
Read the article "Will ships sail under the Belarusian flag?"