Benefits of registration

Part A
1.
Provides a ship with New Zealand Nationality when it goes on overseas voyages.

2.
Protects a ship's name for as long as it is registered.

3.
Provides proof of ownership (Evidence of Title).

4.
Makes it possible to register a mortgage on a vessel.

5.
Lasts as long as the ship is New Zealand-owned. It does not end if the ownership changes or if the ship is altered.