What is Vessel Documentation?
Vessel Documentation is a federal form of vessel registration which is offered only
to United States citizens for vessels of 5 net tons or more. Pleasure vessel owners
can choose either state registration or Vessel Documentation. However, commercial
vessels measuring over 5 net tons must be documented. The Coast Guard issues a
Certificate of Documentation to each qualifying vessel. This instrument provides
conclusive evidence of the vessel's nationality, as well as clearly identifying the vessel
name, hailing port, measurements, and ownership information.
What are the
benefits of Vessel Documentation?
Many vessel owners enjoy the ease of clearing the various foreign ports when carrying a
Certificate of Documentation. A federally documented vessel is not subject to an
annual renewal fee. In addition, some vessel owners value the privacy of marking the
documentation number on the interior of the hull, rather than having a registration number
marked on the exterior of the hull. In a financing situation, many lenders prefer
that the vessel be documented in order to secure their interest with a Preferred Ship
Mortgage.
Why should I
retain the services of a vessel documentation service?
The vessel documentation process can sometimes be cumbersome and could interfere with your
precious boating time. A vessel documentation service has trained personnel to weave
through some of the intricacies of preparation and filing of paperwork. If your
vessel is financed, a lender may rely on a vessel documentation service to prepare and
file the Mortgage.
Does the
vessel's name need to be unique?
No. You may choose any name for your boat as long as it does not rhyme with
"MAYDAY" or is considered profane.
What is a
Hailing Port and how do I choose one?
A Hailing Port is your choice of city to be marked on the vessel. You can choose any
city in the United States as prescribed in the U.S. Dept. of Commerce's Federal
Information Processing Standards Publication 55DC. You must display it on the
outside of your vessel in compliance with prescribed instructions. (see Official Number and Hailing Port Regulations)
Is a documented
vessel exempt from paying state sales tax?
In some cases a vessel owner may be exempt from the payment of state sales tax. A
vessel owner should seek the advice of an accountant or contact a particular state's
taxing authority. In the State of California, a vessel owner can call the State
Board of Equalization at 916-445-9524
Need Insurance? Mexico paperwork?
Marine Financing? Maritime Attorney? Give us a call at (949) 646 5917, The Mary Conlin
Company will be happy to help.
How can I obtain vessel title
insurance?
Title insurance for vessels
is offered through First American Transportation Title
Insurance Company. Contact Mary Conlin Company, Inc. for
further information.
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