Egypt’s location, notably its ownership of the Suez Canal, positions it not just as a transit hub but also as a strategic maritime epicenter, as nestled at the crossroads of critical maritime routes. This distinction enhances the allure of Vessels Registration in Egypt, thanks to its unique geographical advantage and robust legal infrastructure that bringing with it a multitude of operational and financial advantages. Adding to the myriad benefits that underpinned by the nation’s legislative backbone and commitment to international standards.
Overview of Vessels Registration
Registration of Vessels dates back almost nine hundred years to the maritime laws of Oleron (Circa 1160) but became more relevant in the eras of piracy and colonial exploitation. The original purpose of registering a ship under the national flag was to give that vessel the protection of the government whose flag the vessel flew as a sign of the nation to which it belonged. In Solomon Island Shipping Act 1998 there is still a section 7 that states where a vessel that is required to be registered under the act is not so registered, the vessel shall not be entitled:
- To any benefit, privilege, advantage or protection usually enjoyed by a vessel registered under the act.
- To use the national flag or to assume the national character, or in any other way indicate that it is a registered vessel.
Vessels registration in Egypt is governed by Law No. 84 for year 1949 which is under the control and management of the Egyptian Ministry of Maritime Transport.
The registration is obligatory for all Egyptian vessels or any other vessel pursuing the Egyptian nationality; and, that is according to the first paragraph of Article 1 from the Maritime Law stipulating: “no vessel shall sail holding the Egyptian flag unless it is registered according to the rules of the Maritime Law”.
Accordingly, the foreign vessels don’t have to register according to the Egyptian law.
Advantages of Legislatives Governing Ship Registration in Egypt
Egypt’s maritime framework is a blend of national directives and international conventions. Noteworthy legislations include the Maritime Trade Law and the Commercial Code, all of which contribute to a seamless ship registration process.
Here are some vital advantages that gained through Vessels Registration in Egypt:
- Efficient Processes: Egypt has prioritized a hassle-free vessel registration process, cutting down on red tape and expediting procedures.
- Cost Benefits: Vessels owners stand to gain from Egypt’s competitive registration fees, making it a cost-effective option compared to other jurisdictions.
- Global Compliance: With its alignment to international maritime conventions, vessels registered in Egypt inherently adhere to international standards, reinforcing their global operational credibility.
- Solid Legal Protection: Egypt’s maritime laws offer a comprehensive protective framework, ensuring that interests of vessel owners and operators are safeguarded against potential maritime disputes and challenges.
Procedures of Vessels Registration in Egypt
The vessel owner who wishes to register his vessel shall submit a request to the concerned administrative authority, which shall include the following:
- The vessel’s current and previous name(s).
- The registration port.
- The vessel’s date of manufacture and the place where it was built.
- The address of the plant where the vessel was built.
- The type of the vessel (sailing, mechanical motor).
- The vessel’s cargo.
- The name, surname, profession of the owner, or the owners in a co-ownership with clarification of each owner’s share.
- The captain’s name and the number of his certificate.
- The collaterals, if any, and its date, and the creditor’s name, surname, profession, and his place of residency.
- Any execution over the vessel, if any, and all the information related to the execution.
The register must attach the pre-mentioned documents into the request, and also, a certificate from the foreign vessel’s register, if exists, is cancelled.
Upon finishing the registration process, the administrative authority shall give the vessel owner an Egyptian registration certificate inclusive of all information mentioned at the vessel register, and this certificate shall be the main document proving the vessel’s nationality.
Need A Help at Vessels Registration in Egypt?
Vessels Registration in Egypt plays an imperative function towards safety and security of the maritime transport. Also significantly contributes towards the protection and preservation of the marine environment.
Thus, “Consortio Law Firm” guide stakeholders through the nuances of Vessels Registration in Egypt, ensuring a journey that is both compliant and beneficial. With our expertise, we illuminate the path forward in this vibrant maritime landscape.
We can handle all aspects of vessel registration in Egypt and on all major global shipping registries. Our service includes collection and submission of all registration documents, completion of all ship registration forms and liaison with local authorities during and after registration, as well as payment of initial and annual registry fees.
For further inquiries, Contact us Now via the phone number 002 01028806061 or send us a WhatsApp or email Info@consortiolawfirm.com.