Demise Charter Register
The Isle of Man Ship Registry offers Demise Charter Registration both “in” and “out”.
Demise Charter Registration gives a ship owner a more flexible and attractive package - for example mortgaging facilities might be more attractive in one state because of its stronger laws relating to recovery of liens, whereas the manning requirements might be attractive in another state. By using the Demise Charter Registry, a ship owner/representative can avail himself of both advantages instead of settling for a compromise.
Demise Charter Registration will only be possible between the Island and certain other states whose national law permit such arrangements. These states are referred to as "Compatible Registries". Dual documentation is prohibited rather than dual or parallel registration. Ships on a Demise Charter Registry would be subject to the safety, manning and anti-pollution requirements of the second flag state and would carry that state's certificates and documentation. It is generally a requirement that the right to fly a flag of the underlying register State be withdrawn and the effect is to suspend the registration during the period of demise charter except in so far as relates to Title transactions.
Please see here for survey requirements.
The registration procedure is straightforward, detailed instructions can be found on RAN 06 .
The table below provides a list and links to forms and documentation required to register a Demise Vessel.
|Documentation Required for Demise Registration|
|Application to Register|
|Owners Consent to Register|
|Consent of Mortgagee (if any)|
|Appointment of Authorised Officer|
|Renewal/Extension of Demise Charter Registration|
|Certificate of Incorporation for Charterer|
Bareboat Charter Party
Certificate of Survey/Tonnage Certificate from Class
|Confirmation from Underlying Register|
|CLC Blue Card (Oil Tankers Only)|
|Bunker Oil Blue Card (over 1000 tonnes)|