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A law firm erectile dysfunction injection cost ibiza Yet that invisibility is useful, too. There are few industries as defiantly opaque as this one. Even offshore bankers have not developed a system as intricately elusive as the flag of convenience, where ships can fly the flag of a state that has nothing to do with its owner, cargo, crew or route. Look at the backside of boats and you will see they name their home ports as Panama City and Monrovia, not Le Havre or Hamburg, though neither crew nor ship will have ever been to Liberia or Panama. To the International Chamber of Shipping, which thinks 'flags of convenience’ too pejorative (it prefers the sanitised term 'open registries’), there is 'nothing inherently wrong’ with this system. A former US Coast Guard commander preferred to call it 'managed anarchy’.