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Hong Kong Shipping Register User's Handbook
Section 6 - Changes of Ownership

6.1    Selling a registered ship
6.2     Buying a registered ship


6.1 Selling a registered ship

If a registered ship is transferred, the outgoing owner should complete Bill of Sale (Form no. "M.O.731"). The completed Bill of Sale should contain clear particulars for identification of the ship and must be executed by the transferor (seller) in front of a witness. It should be handed over to the transferee (buyer).

If the transferee is not a Qualified Person or not intending to retain the registration of the ship in Hong Kong, the transferee should close the ship's registration referring to Section 7.

6.2 Buying a registered ship

The buyer of a registered ship should obtain a Bill of Sale from the seller. If it is the intention of the transferee who is a "qualified person" to continue to place the ship on the Register, he should present the completed "Declaration of Transfer" (Form No. "RS/D1") together with the Bill of Sale as the title document. The transferee should also produce a certified true copy of the Certificate of Incorporation or Registration in Hong Kong or his Hong Kong Identity Card as appropriate. No re-survey will be necessary unless there are major modifications or re-fitting to the vessel. The transfer would then be effected and a new certificate issued with the payment of prescribed fees.

However, the above procedures on the transfer of ownership do not apply to ships on the register being operated under demise charter. The procedures do not apply also to "transitional ships" described under Part XI of the Merchant Shipping (Registration) Ordinance.