SHIP REGISTRATION UNDER PALAU FLAG

SHIP REGISTRATION SERVICE
Palau International Ship Registryoperates through a network of Designated Offices worldwide. Marine Safety Management Ltd. as Designated office in Ukraine is fully empowered to process applications for provisional and permanent registration of a vessel and/ or Mortgage.
There are no additional requirements on ship owners beyond the requirements of IMO Conventions read together with the IACS Unified Interpretations.
The main Policy issues for Ship Registration are:
 
ELIGIBILITY
According to the Palau Maritime Act any natural person, being a citizen of Palau or not, can register a vessel under the Palau Flag. Good corporate standing under the laws of Jurisdiction is required.
 
AGE LIMIT
As per Palau Title 7 of the Palau National Code, any foreign vessel that is more than 20 years old from the time of construction, IS NOT eligible for registration. At the discretion of the Registry, the age limit of 20years may be exceeded in exceptional circumstances based on the vessel's detention record, the ship owner/operator's record, the area of intended operation, the intended trade and other factors in  which a Pre-registration Flag inspection could apply.
 
PRE-REGISTRATION FLAG INSPECTION:
Ship Registry Administrator can request confirmation from the Recognized Organization about the overall condition of the vessel and in some cases, when deemed necessary a pre- registration inspection may be requested. A vessel may be requested to carry out a Pre-Inspection in order to assess the overall condition of the vessel and confirm that she is eligible for registration. The Pre-Registration inspection may be conducted when:
  •  The vessel is 20 years old or more from the construction date.
  •  The vessel has a history of multiple inspections or detentions showing deficiencies. Further review of her previous Flag and/or Recognized Organization documentation including any outstanding deficiencies.
SCREENING:
All vessels will need to pass a satisfactory screening  which will cover the areas of: sanctions, detentions performance in all MOU’s and casualties. Sanctions screening instruments used are OFAC SDN list, UN list and other sanction list related. Subject to screening is not only the vessel, but also the ship-Owner, ship Manager, beneficiary Owner and DOC company of the vessel 
 
PROVISIONAL REGISTRATION
Provisional registration is valid for six months. For provisional registration before permanent registration, the ship owners or their representatives are expected to submit a set of required documents.
As soon as the requested signed application form copies are firstly submitted to our Deputy register office, an applied vessel can be officially registered within 1day under PALAU Flag.
 
PERMANENT REGISTRATION
Following the 6 months of provisional registration, the owner of the vessel may request Permanent Certificate of Registry. Permanent Registration can be done at any time during the provisional registration period upon submission of the necessary documentation in original  as well as with the relevant fees. 
 
SHIP REGISTRATION SERVICES
Our DESIGNATED OFFICE on behalf of Palau International Ship Registryoffers a wide range of Registration options to suit every need including:
 
- Provisional registration
- Permanent registration
- Bareboat Charter (IN/OUT)
- Ships under construction
- Special Registration
- Mortgage registration
- Yacht registration
 
CHANGE OF PARTICULARS
Every change of a vessel’s name or the ship’s ownership mean re-issuance of the ship certificates of the flag state
 
HOME PORT TO BE STATED IN REGISTRATION CERTIFICATE
The name of the home port – MALAKAL HARBOR-PALAU – shall be prominently marked in the certificate of Registration of every ship Registered under Flag of Palau.
 
FLAG OF REGISTERED SHIP
Every ship registered under PALAU shall have as its flag the national flag of PALAU on entering or leaving any foreign port, without any modifications whatsoever.
 
Please contact us either by email registration@flagadmin.com or phone +380552415304 and our qualified staff will be able to assist you about what documentation and provide a list of requirements for change of vessel’s name to happen.