Yacht Registration in
the Marshall Islands
The Marshall Islands ship registry
(the Registry) program provides yacht registration in a
highly reputable jurisdiction that complies fully with the
internationally adopted standards of the International
Maritime Organization (IMO). International lending
institutions, shipbuilders, and ports have recognized and
maintained full confidence in the Marshall Islands vessel
registration, documentation, and preferred ship mortgage
recordation standards and procedures. It is this adherence
to standards and stellar reputation that has made the
Marshall Islands Registry the fourth largest open registry
in the world.
To qualify as a private yacht in the
Marshall Islands Registry, the yacht must not be on charter
for more than 84 days per year or carry more than twelve
(12) passengers for hire. It cannot be engaged in trade or
commerce and it is used solely for the pleasure or
recreational purposes of its owner. The registration of
private yachts is generally limited to those of 12 meters or
more.
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are two registration periods for yacht registrations.
The owner of the yacht may register for a one (1) year
annual registration, where the owner must renew
his/her yacht registration on an annual basis.
Alternatively a three (3) year registration is
available, freeing the owner from annual filings and
also providing for a reduction in costs from the
annual registration.
By registering a yacht with
the Marshall Islands, the owner of the yacht has
significant practical attributes and services
available. These services include: |
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- Mortgage
recordation and documentation: this
service allows for the continuation of the preferred
status of the mortgage in the present country of
registry without interruption.
- Vessel
inspection: the Registry has mandatory
classification and statutory surveys, certification
systems, and annual operational safety inspections
recognized by the Maritime Administration as being in
full compliance with IMO resolutions.
- Radio
station licensing: availability of ship
radio station licenses based on the International
Convention for the Safety of Life at Sea (SOLAS), the
International Telecommunications Union (ITU) and the
statutes of the Republic of the Marshall Islands.
- Technical
assistance: support and technical
assistance is available from a staff of experienced
mariners, naval architects, surveyors, nautical
inspectors, marine safety and environmental protection
specialists, shipping company administrators, radio
specialists and casualty investigators.
- Information
on maritime regulations and port activities:
an information network of Marine Safety Advisories is
distributed to apprise owners and operators of changes
to international shipping regulations and port State
control activities to help avoid unnecessary delays and
compliance problems.
- International
representation: the Marshall Islands
provides a worldwide network of Nautical Inspectors who
conduct in-port inspections and respond to ship-owner
and operator needs.
Other Advantages include:
- Private yachts are eligible to
obtain a United States Cruising Permit.
- Specific Safety Codes of Practice
certification for commercial yachts are in place to
ensure compliance with national regulations.
Our
fees are competitive. Click
here for our fees or contact us
toll free at 800-219-9359 or at 561-968-6611
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