yacht & ship registration
Registration in the british virgin islands (bvi)
The main reason for registering a ship has always been to prove its nationality. For Merchant/Pleasure ships, identification is essential for overseas voyages. Another reason for registration is to use the ship as security to obtain a marine mortgage which in turn is registered. Ownership details are fully investigated. Purchasers of British registered ships can obtain a Transcript of Registry which shows the registered owners of a ship and whether there are any outstanding Mortgages lodged against the vessel. Finally, always apply for registration well before the date you set sail.
Two months, approximately.
flag to be flown
The Red Ensign bearing the British Virgin Islands coat of arms or, without the coat of arms.
Designated as a Class 2 Ship Registry, the British Virgin Islands registers cargo vessels up to 150 gross tones and yachts up to 500 gross tones.
During the registration process, we suggest that a representative of our office in the British Virgin Islands be appointed a director or power of attorney holder of a British Virgin Islands company so that the beneficial owner has the legal capacity to inspect and take possession of the vessel on behalf of the company, in the country where it is lying, while our office has the legal capacity to prepare and file all documentation with the Registrar of Shipping in the British Virgin Islands. Once the registration of the vessel is complete, the representative from our offices will resign as a director or power holder. Neither the vessel nor the beneficial owner need ever visit the British Virgin Islands.
If you are interested in more information regarding the registration of your yacht in British Virgin Islands, please contact Mr. Juan Haraguchi at email@example.com
Ship registration and mortgaging are regulated by the Mauritius Shipping Act 1986 and the Mauritius Shipping (Amendment) Act 1992, which have been largely modeled on the British Merchant Shipping Act.
Ship registration in the Global Business (previously known as offshore) sector in the Mauritius requires the setting up of a company holding Category 1 Global Business License (GBL1).
Accordingly, a GBL1 is entitled to own and register its ship under the mauritian flag provided its objects is confined to the registration of the ship under the mauritian flag and that its shipping activities is carried our exclusively outside Mauritius.
Mr. Kamal Hawabhay at firstname.lastname@example.org
Registration in mauritius
Registration in panama
The Republic of Panama has the largest Registry of Vessels worldwide. For decades, maritime operators everywhere have chosen to register their vessels of all types, including tankers, fishing boats, cargo vessels or yachts, in the Panamanian Merchant Marine due to its prestige and confidentiality in the international maritime commerce.
Mr. Juan Haraguchi at email@example.com