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Bareboat charter
Registration
Maltese
law also provides both for bareboat charter registration of foreign ships
under the Malta flag and for the bareboat charter registration of Maltese
ships under a foreign flag. Vessels so registered enjoy the same
rights and privileges, and have the same obligations, as any other ship
registered in Malta.
The
two main principles adopted at law on bareboat charter registration are
the compatibility of the two registries, and, that matters regarding title
are governed by the underlying registry, while the operation of the vessel
fails under the jurisdiction of the bareboat charter registry.
A
bareboat charter registration lasts for the duration of the bareboat charter
or until the expiry date of the underlying registration, whichever is the
shorter, but in no case for a period exceeding 2 years. Registration
may, however, be extended. |
Shipping in Malta
