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Ship registration is the process by which a ship is documented and given the nationality of the country to which the ship has been documented. The nationality allows a ship to travel internationally as it is proof of ownership of the vessel. [1] International law requires that every ship be registered in a country, called its flag state. [2]
Issuance of a 'Certificate of Classification' and entering of the vessel's particulars into the society's Register of Ships; Periodical surveys as stipulated by the rules to ensure continued maintenance of conditions of classifications
A classification certificate issued by a classification society recognised by the proposed ship register is required for a ship's owner to be able to register the ship and to obtain marine insurance on the ship, and may be required to be produced before a ship's entry into some ports or waterways, and may be of interest to charterers and ...
Some documents are required which include the closing memo, minutes of the meeting of the seller's directors and shareholders, a certificate of good standing, a power of attorney, the bill of sale, a certificate of class, any consents or licenses required by the government authority, a certificate by the registrar of the ship's registry ...
Lloyd's Register Group Limited, trading as Lloyd's Register (LR), is a technical and professional services organisation and a maritime classification society, wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and engineering.
The ship registry was launched in 2004 and is located in Singapore and operated by Tuvalu Ship Registry Pte Ltd. The ship registry is managed on behalf of the Tuvalu Government by Sovereign Ventures (SV) Pte Ltd. [1] [2] The responsibilities of the Registry include: [3] The registration and licensing of ships; The certification of seafarers
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The registration procedures only requires the submission of: Application Form, Authority Form for making and signing applications and declarations, Declaration of entitlement to ensure the ownership of ships. After a ship is on the Hong Kong shipping register under full or provisional registration, mortgages against the ship can be registered.