There are a lot of details involved when buying and selling a vessel. Some of these details are unnoticed and may delay the transactions. The security restrictions have brought in more requirements that need to be fulfilled. There is more information that you need to fill up such as a Form 6 †Bill of…
It is a wonderful feeling when you buy your first luxury boat, yacht, or other pleasure craft. Whether you buy the vessel brand new or get one that is previously owned from a dealer, broker or previous owner does not matter you still get the thrill of having a boat of your own and taking…
Purchasing a large recreational vessel like a yacht is certainly a big expense for you, but the joy and pleasure you will get from the time you, your family, and your friends get to spend out on the water. There are always expenses that you will need to consider that go along with purchase, and…
According to Canadian law, if you own a commercial vessel you need to register it with Transport Canada. The laws for pleasure vessels differ slightly, and while you must license your vessel, registration is not a mandatory process you must go through. There are some benefits to registration that may make it appeal to you,…
When you are first shopping for a large pleasure boat or yacht for yourself, it is likely that you will look at boats for sale from brokers or previous owners. A used vessel can be much cheaper than buying a brand new one will be, and it will still provide you with everything you want…
Every government around the world has an agency that oversees the transportation policies and regulations set forth by the country. These departments have a great responsibility today. Specially, with the conditions that exist in the world today and with the ever-expanding modes of transportation that come up. People are adding more vehicles and vessels to…
Maybe you are the owner of a boat and are looking to sell your vessel. Or you may be a buyer purchasing a vessel from a private owner or on the secondary market. Either way, there are steps that you need to take so you can complete the transaction legally and register the vessel properly.…
Both commercial and pleasure vessels will move around the world over the waters. It is the very nature of the shipping and boating industry. It is common for vessels to move from location to location during the course of travel and work. But while this happens, each vessel maintains a port of registration with the particular…
When you own and operate a large commercial vessel, you take on a great deal of responsibility. You need to make sure your crew and anyone else aboard the ship is safe and taken care of. You also need to make sure everything about your ship is up to current regulations. In Canada, the regulations…
Have you recently purchased a new boat? Are you looking into Transport Canada boat registration for the first time? Maybe you have a registered vessel already, but you need to transfer ownership, or change your address? While you can do all of these tasks online through Transport Canada’s official site, it’s often wise to use…