There is a significant probability that you are familiar with the MARAD Waiver if you are a yacht owner in the United States. But to be more specific, what is it? And do you have to apply to get it? In this article, we will respond to all the questions you have concerning the MARAD…
Owners of foreign ships that want to operate in the United States must first get MARAD waivers. This is because vessels registered in the United States are required to adhere to several safety standards that their overseas counterparts are not necessarily required to observe. Some of the significance of MARAD exemptions will be highlighted below. …
Are you wondering the steps you need to take if your vessel was built abroad and you want to use it for commercial purposes? Then this might be the right article for you. We will explain to you everything you need to know about the Marad waiver. Let us now show you “the 5W”. What…
The ownership of a yacht that is rarely used presents unique challenges. There are a lot of expenses and duties involved in maintaining a boat, and it can be hard to tell if it’s worth it when you can only use it for a fraction of the year. When you factor in the expensive cost…
If you are one of the estimated fifteen million people in America lucky enough to own one, you must be aware of the many restrictions and regulations you have to adhere to along the way. One of the issues you have to resolve, to name one, is the use you will give to your vessel.…