ADVERTORIAL THE CLEAR DIFFERENCE
With a worldwide renowned reputation for excellence, efficiency and technical back-up, the Cayman Registry is a world leader and for good reason
he long and rich maritime history of the Cayman Islands is the basis upon which the Cayman Registry is built. First established over a century ago in 1903, Cayman Registry is today a first-class organisation with a worldwide reputation for excellence and efficiency in the maritime sector, setting it apart from other Registries. Its flexible approach ensures maximum responsiveness to the needs of vessel owners and operators whilst still maintaining international standards at the highest level.
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A member of the Red Ensign Group with Category 1 status, the Cayman Registry can register vessels of any type/class or size, provided quality standards are met. There is a wide range of benefits, including an efficient, tax-neutral, modern, comprehensive maritime legislation based on English Common Law that allows flexibility for owners without compromising safety. In addition, full British Consular services and Royal Naval assistance and protection for Cayman-flagged vessels are available worldwide.
When flagging with the Cayman Islands, vessel owners and operators can be reassured that their vessels operate under a regulatory framework that stands up to
international scrutiny. The Cayman Registry is rated “Low Risk” with both the Paris and Tokyo MOUs and has “Qualship 21” status. These accolades, along with an excellent ship safety and pollution prevention record, translate into efficiency for Cayman vessel owners due to reduction in time and administration for inspections.
Committed to adding further value, Cayman Registry offers a range of ownership structures, including individual,
The Cayman Registry has become recognised for its technical excellence and global presence. The Registry engages its own team of exclusive survey and administrative personnel on every continent in the world.
joint,
company and shipping entity, as well as a variety of registration options such as full, ship under construction and demise charter (bareboat). Additionally, any entity that is located in a country that is governed under equivalent fiscal regulations, is qualified to own a Cayman Islands flagged vessel.
The Cayman Registry recognises and endorses certificates of competence from many countries, allowing its vessels to be crewed with many different nationalities, thus expanding the availability of crew that can be employed onboard. Additionally, the Cayman Registry will always enforce the Maritime Labour Convention on commercially operated vessels which can foster positive conditions for the crew, thereby not only enhancing the level of service and loyalty, but also employee retention by the owner.
Vessel operators and owners have access to a team of technical specialists in any time zone. There will always be someone on the end of a telephone line or email who is available to deal with any issues that may arise.
The highly skilled technical staff have been involved in the majority of the largest newbuild yacht projects in the world over the last 20 years. As such, they can offer the best possible advice to the owners, and are able to find pragmatic solutions to new and novel designs, without compromising the high quality and safety levels that the Cayman Islands is known for in the industry.
The Cayman Registry offers unparalleled customer service, globally located experienced administrative staff, an efficient registration system, and a competitive pricing structure combined with highly specialised professional service providers.
For more details contact your local agent or visit
www.cishipping.com
ONBOARD | WINTER 2022 | 23
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