An outright registration of a vessel and receipt of a Certificate of British Registry (COBR) upon the provision of all Registration Forms, Supporting Documentation, and the payment of relevant Fees.
Available during the course of a transfer of ownership regarding a “foreign” owned and flagged ship transferring to an owner who qualifies to own a Cayman vessel and who intends to register the vessel in Cayman.
This is a temporary exception to full vessel registration. It should only be used when Cayman is not yet in possession of the Certificate of Survey for the vessel and it is difficult or impossible to do a full registration within commercial time constraints.
The Term Certificate of British Registry would be issued with a termination date, valid for up to 90 days with no extension provisions, and the client has to undertake to send the Certificate of Survey within this timeframe.
Vessels that are under construction and any related mortgages may be registered.
Cayman offers both Demise Charter-Out and Demise Charter-In vessel registration.
Learn more about how to Flag Cayman. Flagging into Cayman involves a series of activities; the applicability of each activity depends upon the type of vessel registration being performed.