Have you been looking for second-hand vessels but you are not yet sure about buying them? Did you conduct the proper research but you are still uncertain about what you found? Don’t feel bad about it, it happens to everybody. That’s the reason why the United States Coast Guard (USCG) came up with this document:…
In case you are not aware, USCG documentation is an official form of identification throughout the country. Using recorded boats as collateral for preferred mortgages has been a common practice in the maritime industry since the twentieth century. USCG documentation opens up more possibilities for financing and enhances your ability to obtain a loan. Your…
Are you wondering if your vessel qualifies for USCG documentation? Does it seem like the rules about which vessels can be documented and which vessels have to be documented seem contradictory at best? Vessel owners have felt that way for many years. While documenting your vessel is important (particularly if you’re in certain fields) it…
