The ship-owner may obtain a valid bareboat charter registration in a foreign state if the owner first applies for and receives from PISR a Certificate of Permission.
The Certificate of Permission for bareboat charter registration in a foreign state shall declare that the right to fly the Flag of the Republic of Palau and to show the home port of Malakal Harbor is withdrawn while the vessel is subject to the bareboat charter identified in the certificate.
When a Certificate of Permission for bareboat charter registration in a foreign State has been issued, the owner of the vessel shall surrender its current Certificate of Registry and a Certificate of Temporary Closure of Registry shall be issued to the vessel, which will highlight the fact that the right to fly the Flag of the Republic of Palau has been withdrawn.
In the event the vessel is subject to one or more Preferred Ship Mortgages, the written consent of each mortgagee for the foreign bareboat charter registration shall be duly filed prior to issuance of a Certificate of Permission.
In order to obtain the updated list of requirements for Bareboat Out registration, please contact our Administration Department either by email email@example.com or by phone +302104293500.