The purpose of this guide to highlight the many advantages of the Cayman Islands Shipping Registry and to introduce the comprehensive range of Cayman Islands yacht registration services that we provide.
The Cayman Islands are an autonomous British Overseas Territory in the western Caribbean Sea. The 264-square-kilometre (102-square-mile) territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the south of Cuba and northeast of Honduras, between Jamaica and the Yucatán Peninsula.
The Cayman Islands Shipping Registry is a Category 1 British Register of Ships and is a division of the Maritime Authority of the Cayman Islands.
The Cayman Islands have maintained a shipping registry in the Cayman Islands since 1903.
The Cayman Islands are the number one offshore register for super yachts, with an estimated 15% of the world fleet of yachts over 30m (100ft).
In the range of yachts over 40m (130ft), some 20% of the world’s fleet is registered in the Cayman Islands.
There are three Cayman Islands ports of registry, namely:
Cayman Islands registered vessels can fly either an undefaced red ensign or a red ensign defaced with the Cayman Islands crest
Upon completion of registration formalities a Cayman Islands registered yacht is issued with a Certificate of British Registry.
The Cayman Islands will accept private pleasure yachts and commercial yachts of any size that are based and operated anywhere in the world.
The Cayman Islands Register of Ships is an international register meaning that the register is not just restricted to Cayman citizens or Cayman registered companies.
Citizens and companies from countries listed in the following table are able to register in the Cayman Islands directly in their own name:
|Peoples Republic of China
|British Virgin Islands
|Isle of Man
|Kingdom of Netherlands
|United Arab Emirates
|United States of America
Summary of Features & Benefits of Yacht Registration in the Cayman Islands
Oceanskies provides a fixed fee yacht registration service to all yacht owners wishing to take advantage of the benefits of Cayman Islands registration for their yacht.
The registration service results in Oceanskies taking responsibility for the entire registration process on behalf of the owner.
Our fees include all registry fees and disbursements providing the internationally recognised Cayman Islands Certificate of British Registry and a lifetime radio licence allocating the vessel’s call sign and MMSI number.
Our fixed fee yacht registration package for the Cayman Islands registration of any private yacht under 24 metres in registered length lying within the EU costs only £5,250.00 in year one and then £1,450.00 per annum in second and subsequent years and includes:
Through Oceanskies Crew Limited we are able to provide crew payroll outsourcing services from for crew working onboard Cayman Islands registered vessels.
This service is a very popular ‘bolt on’ service for our clients as it simplifies the employment of the crew of their Cayman Islands registered yacht.
The yacht owner engages Oceanskies Crew Limited to employ and pay the crew of their vessel through a crew services agreement. As employers, Oceanskies Crew Limited issues the crew with contracts in line with the Marine Labour Convention guidelines, pays them, issues payslips, sea service testimonials etc.
For further information please refer to the crew employment and payroll section of our website.
Oceanskies are able to provide a range of stand-alone fixed fee additional registration services including:
Please do not hesitate to contact for a free no obligation proposal for any of our Cayman Islands yacht registration services or any general yacht registration query that you might have.