So you have decided to start a marine business venture, perhaps using a ship in order to carry goods from one side of the world to the other, or to take people on pleasure cruises. Whatever you want to do with your boat, the important thing is to understand that you need to make sure…
Once you have bought your boat, you need to think about how to register it with the US Coast Guard. Documenting the vessel with the agency can guarantee extra protections for your boat, including when you are in foreign ports or travelling in international waters. In order to register your boat, you may have gone…
Documenting your boat is an important part of the buying process, and documentation can be essential if you are taking out a mortgage in order to make the purchase. If you have been looking at the US Coast Guard website, then you may already have realized that it is not possible to submit your application…
The first time that you buy a boat, you may need to take out a loan in order to afford the full cost of the vessel. In order to get a reasonable sum for their purchase, many prospective boat owners choose to take out a type of loan called a preferred ship mortgage. This loan…
The Coast Guard Bill of Sale can come in very handy if you’ve decided to sell your boat, as well as in other circumstances. Having a bill of sale is certainly something you’re going to want as a boat owner, even if you never sell the boat. However, the process to getting one isn’t exactly easy.…