A new threat posed by “flags of convenience” vessels surfaced recently with news that floating armories – ships carrying military weapons and ammunition – are proliferating at an alarming rate.
According to Omega Research Foundation, a UK-based think tank, at least a third of the 33 vessels recently discovered sail under the flag of landlocked and blacklisted Mongolia.
Researchers say the ships are operating in international waters with a “worrying lack” of regulation, adding that they could pose a threat to regional peace and stability.
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