Marshall Islands - Register Bareboat Charter (Vessel)

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Procedure

1. Application should be completed on the application for Official Number, Call Sign and Registration of Bareboat Charter Vessel, RMI form MI-101BCR.
2. Information relating to the bareboat charterer should be entered in Part 1, as well as the underlying flag registered owner.
3. Application should be signed and dated by the charterer.
4. Submit required documents, fees, and payments of tonnage tax to any Regional Office.

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Required Documents

• bareboat charter registration documents
• bareboat charterer's letter of request
• bareboat charterer's oath or affirmation of undertaking
• recordation of charter party
• Official certificate issued by the present country of registry setting forth the ownership of the vessel and recorded encumbrances.
• Written consents, with proof of due execution, of the shipowner and the mortgagee(s) and/or financing charter lessor, if any, to the RMI registration;
• Withdrawal of the Right to Fly Present Flag

Office Locations & Contacts

Regional Offices

Eligibility

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Fees

• Initial registration fees and tonnage tax
• Schedule of Fees

Validity

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e.g. Birth Certificate Valid Forever

Documents to Use

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Sample Documents

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Processing Time

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Related Videos

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Instructions

• In order for the application for bareboat charter registration to be granted, the vessel entering the RMI flag must satisfy the requirements for the issuance of a Provisional Certificate of Registry, except of course for ownership and cancellation from present country of registry.
• Registration will be in the name of the bareboat charterer.

Required Information

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e.g.
1. Date of Birth.
2. City or County of Birth.

Need for the Document

Bareboat charter registration temporarily permits a vessel to fly the flag of another country while ownership continues to be registered in the owners State. It provides a welcome element of flexibility in a number of commercial situations.

A vessel registered in another State can be bareboat charter registered under the flag of the RMI, giving it the right to fly the RMI flag as provided in Sections 260- 264 of the Maritime Act. RMI law will apply to all aspects of the vessels operation, navigation, and management during this period of bareboat charter registry. The law of the State of underlying registry (not RMI), however, shall apply to the vessels mortgage or financing charter and related recorded instruments, in accordance with Section 264 of the Act.

Information which might help

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Other uses of the Document/Certificate

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e.g. Birth Certificate can be used as proof of identity.

External Links

International Registries, Inc. Marshall Islands Maritime and Corporate Administrators
Vessel Registration

Others

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