At Vessel Documentation Online, LLC, they certainly pride themselves on providing relevant legal information for all vessel’s users. One common request they receive is above all of useful information about Preferred Ship Mortgage. There’s not much clear information available and sometimes it can be tricky to understand some details.
If your vessel is eligible for documentation, you should consider documenting it, as it’s most important. This is a form of federal registration, which has international value. People recognize it as a certificate of ownership and nationality. As the owner of a documented vessel, no one can change it without your previous consent.
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