Invest Barbados

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IB Week 2017 Conference

Oct. 19 - 20
Hilton Hotel, Barbados





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Ship Ahoy! Barbados Shipping Companies

 

Amongst the various vehicles utilised for investment purposes in Barbados, is the Barbados Shipping Company.  The Barbados Maritime Ships’ Registry confidently offers the discerning ship operator a first-class personal service in all aspects of ship registration. White-listed in the Paris MOU, and accredited to ISO9001, the Barbados Ships’ Registry provides a quality-driven service second to none.

 

Ship owners and companies offering financing in the shipping industry can take comfort in the security of their investment, whether as a mortgagor or mortgagee.

The following are some frequently asked technical questions in relation to Barbados ship mortgages, and their corresponding answers:

 

Q:  Does the legal system prescribe a set form of mortgage?

A: The Barbados Shipping Act prescribes the form to be used for the registration of a mortgage and this is issued by the Barbados Maritime and Ships’ Registry.  In addition, the Registrar shall issue instructions, as he/she deems necessary, for the execution and attestation of power, and evidence required for identifying persons, among other matters.


Written by Karen Perreira, Principal, Inter Caribbean Legal; Source: Barbados International Finance & Business 2017

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