Reflagging
E1. Maritime security, geopolitics and riskDefinition
Change of flag, often to obscure identity or alter regulatory exposure.
Changing a ship’s flag of registry, moving it from one state’s register to another. It is lawful and routine for commercial and regulatory reasons, but rapid or repeated flag-hopping is a sanctions red flag because it can sever a vessel from a register that has de-flagged it or obscure its compliance history. UNCLOS Article 92 fixes a ship to one flag at a time and bars switching flags during a voyage or in a port of call except on a genuine transfer of ownership or change of registry.
Source: UNCLOS Article 92 (status of ships, single flag); OFAC Maritime Advisory, 14 May 2020 (flag-hopping)