The Cayman Islands Ship Registry
The Cayman Islands Shipping Registry (the “CISR”) offers five types of vessel registration:
- Full registration;
- Interim registration;
- Provisional registration;
- Under Construction registration; and
- Demise (Bareboat) Charter.
The vessel must be owned by a majority of “qualified persons”. Qualified person includes:
Individuals who are:
- British citizens
- British Overseas Territories and Crown Dependencies citizens;
- British subjects;
- Persons who under the Hong Kong Order 1986, are British Nationals (Overseas)
- Caymans Islands citizens
- Persons who are nationals or citizens of a Member State of the EU, EEC, or an approved country
A company having its principal business in, or a partnership established in:
- The Cayman Islands
- The United Kingdom
- Any relevant overseas territory which is defined as:
- Any other British Overseas Territories, including the British Virgin Islands, Anguilla, Gibraltar, and the Turks and Caicos Islands; and
- The Crown Dependencies of the Isle of Man and Channel Islands;
- Any member of the European Union or European Economic Area, including overseas countries, territories and dependencies of such states; or
- Any approved country, meaning those countries listed in the Third Schedule of the Cayman Islands Money Laundering Regulation
Should the owning company not be incorporated in the Cayman Islands nor have its business in the Cayman Islands, it must appoint a representative in the Cayman Islands.
Key Elements of Full Registration:
- Name availability (choice of 3 ports)
- Completed Registry Forms (including appointment of authorised person –notarized, application to register, declaration of ownership)
- Bill of Sale
- Builders Certificate
- Deletion certificate or transmission documents to transfer from another British Port
- Certificate of Good Standing
- Vessel Qualification for private yachts
- Certificate of Survey
- Tonnage Certificate
- Name Availability and Qualification;
- Vessel Qualification;
- Evidence of Qualifying Owner and Proof of Legal Title;
- Vessel Dimensions and Other Details;
- Completion of Relevant Forms
- Certificate of Good Standing
- Certificate of Tonnage
- Ship Survey and Certification;
- Manning and Crew Compliance; and
- Ship Radio Station Licencing.
There are additional requirements and certifications related to the registration of commercial vessels. These additional requirements should be conducted parallel to the registration process and include safety and operational compliance involving the issue by a Cayman surveyor/auditor (or by a Classification Society authorised to act on behalf of Cayman) of the relevant Convention or statutory certificates.
It is important to note that, if the vessel is transferring from another British Red Ensign Group (REG) Register, the CISR may issue new statutory certificates with the same expiry dates without necessarily undertaking the underlying Convention and statutory surveys at ‘flag-in’.
Please note that other documentation may be required depending on the type of registration requested.
In regard to commercial vessels other than passenger ships, notification that the vessel requires the relevant surveys, inspection and certification should be made to the CISR Survey Section, where such notification has not already been addressed under the registration application process. Relevant fees or an agreed deposit payable to the CISR will apply at this stage. A number of other documentation will also be required in regard to the survey and certification process. The additional procedures required for commercial vessel registration are as follows:
Appointment of Authorised Person:
The Applicant will need to complete an “Appointment of an Authorised Person” form, which must have the seal of the company affixed or the signature on the form must be witnessed by a Notary Public. An authorised person will be authorised to complete, sign and submit the Declaration of Ownership for the company, and all other forms and supporting documentation submitted in relation to the vessel.
Please note that all matters relating to internationally operated passenger commercial vessels are dealt with on a case-by-case basis through consultation between the CISR and the owner of the vessel.
Once the CISR has received all of the relevant forms and supporting documentation, information and fees, a Certificate of British Registry will be issued along with the relevant Tonnage Certificate.
A Carving and Marking Note (“C&M Note”) will be issued at the appropriate juncture of the registration process which will specify how the vessel is to be marked. The C&M Note must be signed by an authorised surveyor and returned to the CISR. The vessel may be registered prior to the return of the C&M Note.
For more information with regards to the above, please Contact Us
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