What are the obligations of flag state?
The flag State has responsibility under international law for controlling the fishing activities of a vessel, no matter where the vessel operates: If the vessel is fishing in waters under the jurisdiction of the flag State, the responsibility of the flag State is exclusive.
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What is jurisdiction of the flag state?
While the primary responsibility of ship operators and owners is the safe operation of their ships and the safety and welfare of their crews, flag states have the legal authority and responsibility to enforce regulations upon vessels that are registered under its flag, such as those relating to inspection.
What is a vessel flag state?
A flag state is a country where a company registers its commercial and merchant ships. The name for the term flag state comes from ships registering with a specific nation and then flying that flag to represent their registration with that country. For example, any ships registered with the U.S. will fly the U.S. flag.
Do all ships need flag?
Legal context. International law requires that every merchant ship be registered in a country. The country in which a ship is registered is its flag state, and the flag state gives the ship the right to fly its civil ensign.
Can flag state detain a vessel?
In Article 97(3) a limitation is imposed on territorial enforcement, in relation to high seas conduct: “no arrest or detention of the ship, even as a measure of investigation, shall be ordered by any authorities other than those of the flag state”.
What are the duties of the flag states in implementing the law of the sea Convention?
In detail a Flag State has the primary responsibility to have in place an adequate and effective system to exercise control over ships entitled to fly their flag, and to ensure that they comply with relevant international rules and regulations.
Can flag state detain a ship?
What is the difference between flag state and Port State?
Difference between Flag State and Port State An State is called Flag State when the ships is registered in that country, the ships carries this flag. The Port State is any State with an international port. For example a ship is registered in Hong Kong and is in the port of Singapore.
Why are so many yachts registered in Cayman Islands?
However, registering a yacht in a locale like the Caymans—under what has come to be known as a “flag of convenience”—allows those American yacht owners to effectively characterize themselves as foreigners for tax purposes, thereby avoiding the obligation of paying the standard levies.
What is the difference between flag state and port state?
What is flag state endorsement?
The flag state of a merchant vessel is the jurisdiction under whose laws the vessel is registered or licensed, and is deemed the nationality of the vessel. A merchant vessel must be registered and can only be registered in one jurisdiction, but may change the register in which it is registered.
Can you live on a boat in the Cayman Islands?
There are four marinas in Grand Cayman, though the Cayman Islands Yacht Club and the Barcadere Marina are more traditional long-term marinas for visiting boats, long-term residents who live on boats or a home for charter boats.
Is STCW certificate a flag document?
The foreign flag administration shall issue an endorsement attesting the recognition of a certificate issued under the provisions of the STCW Convention. Some foreign flag administrations also require endorsement of Ship Security Officer as well as Oil, Chemical & Gas Tanker Operations certificates of competency.
Why are boats registered in Cayman Islands?
One of the main reasons that people register their vessels in the Cayman Islands, is due to the fact that it is a Red Ensign flag and as a British ship the vessel comes under the protection of the British Royal Navy.
How much does it cost to register a yacht in the Cayman Islands?
Register Your Yacht In The Cayman Islands from $1499
| Pleasure Yachts / Non Resident Ownership | Under Construction | Under 400GT |
|---|---|---|
| Registration | $2,050 | $2,795 |
| Annual Fees (after first year) | $999 | $1,499 |
Should I put my yacht in an LLC?
Liability Protection Transferring your boat into an LLC is useful because generally it is the LLC who would be responsible for liability associated with the boat. For example, if one of your partners or a guest was seriously injured or killed on the boat they wouldn’t be able to sue you directly.
Is COC a flag document?
An STCW CoC is issued by an IMO member Flag State to Masters, Engineers, Officers, GMDSS operators, and ratings forming part of a watch who meet the standards of competence relevant to their particular functions and level of responsibility on board.
Why do so many yachts registered in Georgetown?
There are no income, capital gains, or other taxes in place by the Cayman Islands on vessel owning companies. The Cayman Islands Shipping Registry is a favorite among people who own both pleasure and commercial yachts worldwide. This ship registry has been at the Port of George Town, Cayman Islands since 1903.
