Definition, Meaning & Synonyms

reflag

verb

/ˌriːˈflæg/

Definition

To change the flag that a ship is registered under, often to take advantage of more favorable regulations or tax laws.

Examples

The shipping company decided to reflag their fleet to benefit from lower taxes.
After several years of operating under the national flag, they chose to reflag with a more advantageous registry.
Reflagging can help in complying with international maritime laws.

Meaning

Reflagging involves removing a vessel’s original nationality flag and replacing it with another country’s flag. This may be done for legal, economic, or strategic reasons.