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Cayman Islands Yacht Registration – Pricing (in United States Dollars)

Indication of costs and fees for registration of new build under 24 metre yacht as a private vessel under the British flag / red ensign in the Cayman Islands.

Fees split into one off initial first year registration fees followed by second and subsequent year annual fees and charges.

FIRST YEAR

1. INITIAL AND FIRST YEAR VESSEL REGISTRATION FEE:

Service

Price (USD)

OCEANSKIES FEE FOR REGISTRATION OF YACHT:

Includes:

  • Full management of vessel’s registration in the Cayman Islands at the port of George Town, Bloody Bay or The Creek
  • Liaison with the Cayman Islands Shipping Registry on behalf of owner
  • Approval and reservation of vessel name
  • Liaison with builder and/or dealer to obtain legal title including the drafting of vessel’s Builder’s Certificate and, where necessary, Bill(s) of Sale
  • Drafting and obtaining necessary documentation from owner
  • Assistance with Carving & Marking formalities
  • Radio licence application
  • Provision of Certificate of British Registry
  • Provision of vessel radio licence allocating vessel call sign and MMSI number
  • Provision of Letter(s) of Authority to appoint Captain and/or Manager and/or Principal User of Vessel

800.00

DISBURSEMENTS:

Includes:

  • Cayman Islands Shipping Registry registry fees for initial full registration
  • Cayman Islands Shipping Registry annual tonnage fee for pleasure yachts
  • Cayman Islands Shipping Registry annual fee for casualty investigation for pleasure yachts
  • OFREG annual fee for issue of radio licence for pleasure yachts under 300GT with MMSI number
  • Courier of title documents to registry and courier of final registration pack to client
  • Provision of red ensign (3’X2’) & plastic tonnage plate
  • Disbursements

1,250.00

TOTAL INITIAL REGISTRATION AND FIRST YEAR FEE:

2,050.00

2. ONE OFF TONNAGE SURVEY FEE

Service

Vessel Location

Price (USD)

TONNAGE SURVEY BY OCEANSKIES:

Includes:

  • Tonnage Measurement Survey onboard vessel
  • Survey travel, subsistence and disbursements
  • Calculations and Issue of Tonnage Survey Report
  • Issue of Tonnage Certificate

UK

450.00

USD

1,000.00

Rest of World

PoA

3. FIRST YEAR APPOINTMENT AND PROVISION OF CAYMAN REPRESENTATIVE PERSON(REQUIRED WHERE OWNER IS NOT A CAYMAN COMPANY OR RESIDENT)

Service

Price (USD)

OCEANSKIES FEE FOR CAYMAN REPRESENTATIVE PERSON:

Includes:

  • Appointment and provision of Cayman Islands representative person for first year

750.00


SECOND AND SUBSEQUENT YEARS

4. SECOND AND SUBSEQUENT YEAR ANNUAL VESSEL REGISTRATION RENEWAL AND MAINTENANCE FEES:

Service

Price (USD)

OCEANSKIES FEE FOR MAINTENACE OF CAYMAN ISLANDS YACHT REGISTRATION:

Includes:

  • Annual renewal of vessel registration and maintenance of vessel registration by Oceanskies
  • Annual renewal of vessel radio licence by Oceanskies

250.00

DISBURSEMENTS:

Includes:

  • Cayman Islands Shipping Registry annual tonnage fee for pleasure yachts
  • Cayman Islands Shipping Registry annual fee for casualty investigation for pleasure yachts
  • OFREG annual fee for issue of radio licence for pleasure yachts under 300GT with MMSI number
  • Disbursements

550.00

TOTAL SECOND AND SUBSEQUENT YEAR FEES:

800.00

5. SECOND AND SUBSEQUENT YEAR OCEANSKIES FEES FOR CAYMAN REPRESENTATIVE PERSON (REQUIRED WHERE OWNER IS NOT A CAYMAN COMPANY OR RESIDENT)

Service

Price (USD)

OCEANSKIES FEE FOR CAYMAN REPRESENTATIVE PERSON:

Includes:

  • Annual provision of Cayman Islands representative person

500.00

Note:

  • Fees do not include any charges for any translations that might be required where vessel documentation is not in English. When applicable any translation charges are itemised and passed on at cost without mark-up.

 

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Guernsey Office

Oceanskies Limited

Castle Emplacement

St. Peter Port, Guernsey GY1 1AU

Channel Islands, Great Britain

Malta Office

Oceanskies (Malta) Limited

43A/1 Saint Paul's Buildings

West Street, Valletta VLT 1532

Malta

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