It is a wonderful feeling when you buy your first luxury boat, yacht, or other pleasure craft. Whether you buy the vessel brand new or get one that is previously owned from a dealer, broker or previous owner does not matter you still get the thrill of having a boat of your own and taking…
Foreign registry for a Canadian vessel is necessary so that the ship can navigate in any water. The International law requires that all merchant ships must be registered. It’s documentation and authorization for any ship to operate. With it, the ship becomes a legal entity. Registration is a process known to document a vessel to…
The Canada Shipping Act of 2001 replaced the old Canada Shipping Act. This legislation governs the safety in recreational boating, as well as marine transportation and marine environment protection. The law applies to all vessels that operate in the Canadian waters and Canadian boat that sail in all waters. The new law is the result of…
Transport Canada issues the Canadian Registry Certificate. All registered vessels will have this certificate. This kind of document contains all the details of the vessel, like the ownership, vessel characteristics, tonnage, construction, type, and material, among others. There are some fees involved in obtaining it. However, the registration offers significant benefits. These would include having a…
Purchasing a large recreational vessel like a yacht is certainly a big expense for you, but the joy and pleasure you will get from the time you, your family, and your friends get to spend out on the water. There are always expenses that you will need to consider that go along with purchase, and…
Buying a new boat for pleasure or commercial purposes can be wonderful for you. But there is a legal process that you need to follow. That way, you make sure that your boat is properly registered and legally allowed in the water. Filing the proper paperwork with Transport Canada is very important, but it is…
Maybe you are the owner of a boat and are looking to sell your vessel. Or you may be a buyer purchasing a vessel from a private owner or on the secondary market. Either way, there are steps that you need to take so you can complete the transaction legally and register the vessel properly.…
Both commercial and pleasure vessels will move around the world over the waters. It is the very nature of the shipping and boating industry. It is common for vessels to move from location to location during the course of travel and work. But while this happens, each vessel maintains a port of registration with the particular…
If you have never been a boat owner in the past but are considering it for the first time, there are some things that you want to make sure you understand about boat ownership before you rush out and make a purchase. You should be aware that buying a boat is a large financial commitment…
You have finalized your purchase of that wonderful pleasure boat you have had your eye on for so long. And now you cannot wait to take the opportunity to get your boat in the water and enjoy your time out there. Whether you have purchased your boat new or from a previous owner, you may…