Ship Registration Process in Cyprus: What You Need to Know
Registering a ship under the Cyprus flag is a streamlined process that offers significant advantages. Here’s what shipowners need to know.
Steps for Registering a Ship in Cyprus:
- Pre-Registration Requirements: To register a vessel, shipowners must submit an application to the Department of Merchant Shipping. The vessel must meet specific safety and seaworthiness standards, which are in line with EU and international regulations.
- Provisional Registration: The ship may be provisionally registered for six months, during which the shipowner can complete the documentation required for permanent registration. This allows the vessel to start operations under the Cyprus flag while finalizing paperwork.
- Permanent Registration: Once all documents are submitted, including the bill of sale, certificate of seaworthiness, and survey reports, the vessel will be permanently registered.
- Bareboat Charter Registration: Cyprus also offers bareboat charter registration, allowing shipowners to temporarily register their vessels under the Cyprus flag while it remains registered in another jurisdiction.
Conclusion:
The process of registering a vessel under the Cyprus flag is straightforward, with provisional and permanent registration options offering flexibility to shipowners.
Disclaimer: This article is for informational purposes only and does not constitute legal advice. For more details, please consult our team.
