US documented vessels

Why US Documented Vessels Are Important For Mortgage Companies

The first time that you buy a boat, you may need to take out a loan in order to afford the full cost of the vessel. In order to get a reasonable sum for their purchase, many prospective boat owners choose to take out a type of loan called a preferred ship mortgage. This loan…

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MARAD Small Vessel Waivers

Marad Small Vessel Waivers

Things to Consider about Vessel Documentation and a MARAD Small Vessel Waiver Typically, commercial passenger vessels need to have been built in America in order to operate in U.S. waters. This tends to be a strictly enforced requirement, but should you own a vessel of foreign or unknown origin, there is a way for you…

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