Maritime Trade Essay Example | Topics and Well Written Essays - 2000 words

Maritime Trade - Essay Example e the United Kingdom under either part 1 or 2 of the register, he can do so by making a provisional application to any British consular officer or to any British High Commissioner office .Such office will forward the application to the Registrar, and if he satisfies that the applicant is eligible for registration, then registration will be granted by the Registrar within a period of ninety days. All varieties of vessels like from oil rigs to pleasure yachts may be registered under Maltese laws provided, they are owned by individuals qualified to own a Maltese ship. Individuals who are qualified to own a Maltese ship are detailed below: In Malta, Minister of transport has been assigned with extra-ordinary authority to prescribe the degree of the class of ships of ownership of a ship eligible to be registered and may notify other regulations and conditions in associations with the necessary ownership for ships. To register a vessel under the Maltese flag by the foreign beneficial ownership, a shipping company must initially be incorporated under the Registry of companies of Malta. Again, a foreign shipping company can save a large sum of money as the minimum capital required by Maltese law is as low as with an authorised capital of  £ 1250 of which a minimum of  £ 250 must be paid-up. Further, the company registration expenses are very low amounting to just  £ 250 and every year, annual return has to be filed by paying a fee of  £ 125. There are several advantages for registering a shipping company in Malta as it has a quick process and also, it is inexpensive. For registering a shipping company at Malta, promoters need not personally present in Malta. They can register a shipping company by operating remotely by forwarding a power of attorney to their legal representative in Malta, which is generally a law firm. Further, the principal place of business of such shipping company need not necessarily be in Malta and there are no limitations whatsoever on the

Exam Questions Article Example | Topics and Well Written Essays - 1000 words

Exam Questions - Article Example This argument is also explained in the 2008 National Defense Strategy (NDS) document. â€Å"The most important military component of the struggle against violent extremists is not the fighting we do ourselves, but how well we help prepare our partners to defend and govern themselves† (NDS 2008, P8). This statement, found in the national defense strategy of 2008 helps one understand President Obama’s words better. He does not seek to eliminate the extremist threat from Afghanistan simply through brute force. Rather, he advocates sending additional troops to the country to stabilize the situation there and create an environment where the Afghan security forces can be trained to hold their own against the extremist threat. Once that task is accomplished, the US would not need to be an active participant in the war against Al Qaeda and its associates in the country and could withdraw its troops subsequently assured that no threat to its own national security would be foster ed in Afghanistan. 2. The 2008 national defense strategy clearly states that its intent is to counterbalance the DoD’s hitherto approach of concentrating on conventional warfare through a ‘mastery of irregular warfare’. ... The 2008 NDS aims to focus on winning wars such as those in Iraq and Afghanisthan through more than just sheer military power. It recognizes the threat posed by their enemies in the more overt forms visible today as well as the less obvious ones such as the manipulation of global opinion through mass communication venues and through exploitation of international commitments and legal avenues. The strategy also advocates bolstering intelligence capabilities to detect and analyze new forms of warfare and come up with strategies and approaches to counter the same. One can take the attitude of the US towards Afghanistan as a fitting example of this new approach. Rather than simply annexing the country and weeding out elements of extremist violence posing a threat to their national security, the US has chosen to help the people of the country gain control of their own lands and successfully defend it from the Al Qaeda and Taliban. By doing so, they not only weaken their foes in the countr y, but also make the country impervious to their influence, effectively cutting them off from the safe haven and the weapon supplies that they hitherto enjoyed over there. By concentrating on irregular warfare, the NDS looks to ensure a lasting and less expensive (in terms of funds as well as loss to life and property) war for America’s security. 3. The US foreign policy towards Somalia, as mentioned in the 2007 report, aims to eliminate the terrorist threat in the country and bring political stability to it, by helping the people establish a functioning central government. It also aims to address the humanitarian needs of the Somali people. One of the major interests for the United States of America in Somalia