What are the benefits of Vessel Documentation?
Many vessel owners enjoy the ease of clearing the various foreign ports when carrying a Certificate of Documentation. A federally documented vessel is not subject to an annual renewal fee. In addition, some vessel owners value the privacy of marking the documentation number on the interior of the hull, rather than having a registration number marked on the exterior of the hull. In a financing situation, many lenders prefer that the vessel be documented in order to secure their interest with a Preferred Ship Mortgage.
