If you are planning to buy a yacht, one of the most important decisions you have to make is how to structure the ownership of your vessel. There are two main options: personal ownership or corporate ownership. Each option has its own legal pros and cons, which we will explain in this article.
Author: shiplawmatters
Flagging the Yacht: The Legal Implications of Choosing a Flag State
When you own a yacht, one of the most important decisions you have to make is which flag state to register your vessel with. The flag state is the country that grants nationality and legal jurisdiction to your yacht, and that determines the laws and regulations that apply to your vessel, such as safety standards, […]
Lighthouse Allisions: Maritime Law Perspective
Lighthouses, iconic sentinels of the sea, stand as steadfast warnings against peril, guiding mariners safely through treacherous waters for centuries. It seems almost paradoxical, then, to consider the very structures designed to prevent shipwrecks becoming the victims of maritime mishaps themselves. Yet, the reality of lighthouse allisions – when a vessel strikes a lighthouse – […]
Yacht Purchase Contracts: What You Need to Know
If you are planning to buy a yacht, you need to know how to prepare and negotiate a yacht purchase contract. A yacht purchase contract is a legal document that outlines the terms and conditions of the sale and purchase of a yacht between the buyer and the seller. It is essential to have a […]
Wharf Allisions: Accidents at Dock
Wharf allisions, a specific type of maritime accident, occur when a vessel collides with a wharf structure, potentially leading to extensive property damage, disruptions in trade, and intricate legal challenges. Wharf allisions can also result in personal injury or death, making them a serious concern for maritime safety.
Yacht Disposal: A Legal Overview
Yachts are not only expensive to buy and maintain, but also to dispose of when they are no longer wanted or usable. Depending on the size, condition and location of the yacht, there may be different legal requirements and options for yacht disposal. I provide a brief overview of some of the main legal aspects […]
Allision Definition: Understanding a Maritime Collision
Often confused with “collision,” an allision has specific attributes that set it apart. In this article, we explore the definition of allision, shedding light on its unique characteristics.
Maritime Law: Understanding the Legal Framework
Maritime law is a body of law that governs activities that take place on the oceans and seas. It covers a wide range of topics, including shipping, navigation, salvage, and marine insurance.
What is the meaning of towage in law?
Towage is a legal term that refers to the act of pulling or pushing a vessel by another vessel, usually for a fee. Towage can be performed for various purposes, such as assisting a vessel in distress, moving a vessel from one place to another, or facilitating the navigation of a vessel in narrow or […]
Coast Guard Allisions: Investigating Responsibility
Coast Guard allisions can have serious consequences, including property damage, injuries, and legal complexities. A Coast Guard allision occurs when a Coast Guard vessel collides with another vessel, a stationary object, or a structure while performing its duties, such as search and rescue, law enforcement, or patrolling maritime borders.