USCG News

USCG Documentation

USCG Documentation Standards: What Are They?

Your vessel may need to meet USCG Documentation Standards, and you’ve been looking into the requirements for this documentation. Also, you might be wondering why it’s so important to know about and follow these standards. After all, what is a Standard, if not a commonly accepted one, to accomplish a task? Several USCG paperwork criteria…

Documented Vessel

What Does It Mean To Have A Documented Vessel?

 If a ship has been registered with the United States Coast Guard, it is a documented vessel (USCG). The documentation program assigns a unique official number to the boat, subsequently permanently inscribed into the ship’s interior by the documentation team. The vessel has satisfied all relevant U.S. Coast Guard rules, and criteria are shown by…

Preferred Ship Mortgage

Understanding the Preferred Ship Mortgage

So what is a preferred ship mortgage? It is a type of mortgage that protects you as the lender. Maritime liens other than preferred Maritime Liens do not prioritize First Preferred Ship’s Mortgages, which are lodged against vessels registered with the United States Coast Guard. A First Preferred Ship’s Mortgage is a mortgage recorded against…