Owning a boat can be a significant investment, especially when considering larger vessels. Securing financing for your purchase may lead you to explore loans, including preferred ship mortgages. Understanding the role of the US Coast Guard (USCG) Vessel Registry in this process is crucial. Let’s delve into the relationship between preferred ship mortgages and the…
Vessel documentation is a type of regulation that serves as a standard to prove the boat’s nationality. It is vital if you sail in international waters. This is a form of endorsement by the USCG. The USCG vessel registry can tell whether or not the endorsement is for recreational purposes or international trade purposes. The…
The short answer is, yes you can. However, the USCG vessel registry exists for a reason, and getting around it is a legal matter that requires specific paperwork. This is true of boats manufactured outside the United States, as well as those that you want to use to transport passengers. If your boat meets the…