The Republic of Marshall
Islands ("RMI") ship registry program
was initiated by the Marshall Islands Government
in 1988. With the adoption of a new Maritime
Act 1990, the maritime laws of the RMI were
brought in line with the many changes in ship
registration, financing and licensing which
have occurred in shipping industry. RMI maintains
a comprehensive legislative and regulatory framework
which ensures that the shipping registry complies
fully with internationally agreed standards
of the International Maritime Organization ("IMO").
RMI ship registry is now the ninth largest open
registry in the world.
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Commercial Vessels
(Home Port - Majuro)
Seagoing vessels of any tonnage engaged
in foreign trade are eligible for registration
in the RMI. Vessels should be under
20 years of age at the time of registration.
Waivers may be granted for older vessels
depending upon their condition and classification.
Offshore exploration, production, construction
and pipe laying vessels, and other seagoing
vessels engaged in the service sector
of the offshore energy industry are
eligible for registration in the RMI,
consistent with age, survey and classification
requirements. The diversification of
vessels in this category may require
the Maritime Administrator to request
additional vessel information.
Commercial Yachts (Home Port - Bikini
or Jaluit)
Any yacht engaged in trade, commerce,
on charter or carrying passengers for
hire is a commercial yacht. The registration
of commercial yachts is limited to those
of 24 meters or more in length. The
Maritime Administrator may consider
waiving the minimum size limitations
and other requirements for commercial
yachts.
Ownership: Ownership of commercial
vessels and commercial and private yachts
must be through a Marshall Islands entity.
Entities such as corporation or qualified
foreign maritime entities are sufficient
for this purpose.
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Documentation
Required For Vessel Registration
- Application for Official Number,
Call Sign, and Registration of Vessel
- Bill of Sale or Builder's Certificate
transferring title to applicant
(3 copies are sufficient)
- Power of Attorney or Secretary's
Certificate of Corporate Resolution
- Certificate of Confirmation of
Class issued by Classification Society
dated no earlier than 10 days prior
to registration
- Classification Society Statement
or Affidavit that the vessel is
"fit to proceed to sea"
- Special Survey on vessels 15 years
or older from the Classification
Society
- Application for Minimum Safe Manning
Certificate (This is submitted to
the Seafarers' Identification and
Certification Division prior to
registration.)
- ISM Code Declaration of Company
and Designated Person
- Proof of Liability Insurance,
including owner's repatriation obligations
- Permission to Transfer or Cancellation
Certificate issued by the registry
from which the vessel is being transfered
- Proof that vessel is free of recorded
liens and encumbrances
- Within 90 days of registration,
an Application for Ship Radio Station
License must be submitted
- Required fees
- All applications for Provisional
Registration are subject to approval
by this Administration. Accordingly,
the mere submission of an application
for Provisional Registration does
not ensure that a vessel will be
accepted for entry into the registry
or flag of the Marshall Islands.
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Private Yachts
(Home Port - Bikini or Jaluit)
The Administration considers any pleasure
yacht not on charter or carrying passengers
for hire, not engaged in trade or commerce
and being used solely for the pleasure
or recreational purposes of its owner
to be a private yacht. The registration
of private yachts is limited to those
of 12 meters or more in length. The
Maritime Administrator may consider
waiving the minimum size limitations
and other requirements for private yachts.
Private yachts may be chartered out
for twelve weeks to allow for the yacht
owner to recoup some of his/her capital
investment. This chartering privilege
exempts the yacht of having to be registered
as a commercial yacht. However, those
who wish to charter their private yacht
in accordance with the privilege will
have to satisfy additional requirements
that are not imposed on yachts that
are intended purely for private use.
Ownership: A Marshall Islands
citizen or national or a qualified foreign
maritime entity must own the vessel.
The term "citizen" or "national"
includes Marshall Islands corporations,
limited liability companies, partnerships
and associations of individuals.
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Requirements
for Registration
- Application Form
- Power of Attorney and/or Corporate
Resolutions that incorporate a Power
of Attorney.
- Proof of Ownership, i.e., Bill
of Sale, Builder's Certificate.
- Declaration of Private Use.
- Tonnage Measurement Certificate
- Verification of Suitability for
Intended Use:
- if classed, by a Certificate of
Confirmation of Class issued by
a Classification Society recognized
by the Maritime Administrator, or
- if not classed, by a Certificate
of Survey, Statement of Compliance
or other document issued by a recognized
Classification Society surveyor,
an Authorized Surveyor or an underwriter's
assessor for the company that will
be insuring the yacht.
- Either confirmation of Hull and
Machinery and P&I coverage or
Cover Note on a combined policy
of insurance issued by a recognized
insurance company in a form acceptable
to the Maritime Administrator. (Proof
of hull and machinery and liability
coverage from an underwriter in
policy form acceptable to the Maritime
Administrator is required)
- Proof that vessel is free of liens
or encumbrances.
- If the yacht is not a newbuilding
and is currently documented in another
country, consent from that country
to the vessel's transfer to the
Marshall Islands.
- Payment of Registration Fees
- Payment of first year's Annual
Tonnage
- All applications for Provisional
Registration are subject to approval
by this Administration. Accordingly,
the mere submission of an application
for Provisional Registration does
not ensure that a vessel will be
accepted for entry into the registry
or flag of the Marshall Islands.
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If you are interested to the above Vessel or
Yacht registration. Please feel free to contact
us for details. Our staff may follow-up with
you and all applications will be sent to our
affiliated offices in Maritime Administrations.
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