Transfers

Mortgage Registration Procedures relating to a Transfer from one British Register (Port) to another British Register (Port)

A vessel may transfer registration from one British Register (say UK) to another British Register (say Cayman) and record the same ownership and mortgage details at the new British Register (Cayman).

For example, on a transfer from the Port of London (UK) to the Port of George Town (Cayman) the owner and mortgage details would be recorded in Cayman before the UK registration is closed, thereby maintaining continuous mortgagee protection in this situation, provided that the mortgagee has consented to the transfer of the vessel.