Buying a vessel for recreational or commercial purposes can be exciting. It takes time and effort to finally get the right boat that fits your purpose. It is a huge financial commitment. There are several details about importing a vessel into Canada that you need to know. They depend on the different types of vessels that are being…
There are a lot of details involved when buying and selling a vessel. Some of these details are unnoticed and may delay the transactions. The security restrictions have brought in more requirements that need to be fulfilled. There is more information that you need to fill up such as a Form 6 Bill of Sale…
How to import a vessel into Canada? The easiest way is just to hire a broker and allow him to process everything for you. However, you can do the processing yourself. When you process it by yourself, make sure to keep all documents organized. In this way, you can easily present the paperwork during a border crossing.…
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 one. 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 thorough…
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.…