ABSTRACT

In order to register a vessel on the Special Register, a certified copy of the original charterparty, the consent of the shipowner, the primary flag State authority and any mortgagees must be filed with the Directorate General of Merchant Marine (‘‘DIGEMAR’’) in Panama City, together with a certificate showing the registration in the primary register. During the period of such registration, ownership title may not be recorded, nor any mortgages or encumbrances. Mortgages recorded in the State of primary registration remain subject to the law of that State.