BAREBOAT CHARTER REGISTRATION UNDER BELIZE FLAG

REGISTRATION OF BAREBOAT CHARTER / PARALLEL / DUAL REGISTRATION 

REGISTRATION IN BELIZE (Charter In)
Foreign registered vessels may obtain parallel or dual registration at IMMARBE as a second Registry under the terms of a bareboat charter party provided that the First Registry grants its consent in writing.  Upon submission of an authenticated copy of the bareboat charter party, the consent from the First Registry and the corresponding fees, navigation and ship station licenses valid for up to two years will be issued.

REGISTRATION UNDER FOREIGN FLAG (Charter Out)
A vessel registered at IMMARBE may obtain a parallel registration in another country's registry based on a barebonat charter party.  For this purpose, the applicant shall submit a formal application giving full details of the bareboat charter party.  If satisfied that all formalities have been complied with, the Registry's Head Office may authorize the vessel’s parallel/dual registration for a period of up to two years.  During the terms of this registration, all relevant annual and other fees will be payable to IMMARBE.  Its title and any mortgages, liens or encumbrances thereon shall be recorded at IMMARBE.