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Shipping Operations and Ship Registry |
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Monday, 13 June 2011 04:32 |
Shipping operations via Labuan IBFC
Ship Registry in Malaysia
| Malaysia International Ship |
| Malaysia Ship | - Ownership: Majority foreign owned
- Corporation incorporated in Malaysia*
- An office in Malaysia
- Must appoint a ship manager who is a Malaysian citizen or a company incorporated in Malaysia
- Port of registry: Labuan
- Vessel >1600 GT
- Vessel age:
<15 years for tanker and bulk carrier
<20 years for others
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| - Ownership: Majority Malaysian owned
- Corporation incorporated in Malaysia*
- Principal Office in Malaysia
- Management is mainly in Msia
- Majority Msian shareholders and directors
- Port of registry:
Port Klang
Penang
Kuching
Kota Kinabalu - No restriction on tonnage (some are exempted from registration)
- No restriction on vessel’s age except >20 years need to submit additional reports.
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* To qualify under LBATA, the shipping company must be incorporated or registered under Labuan Companies Act 1990 Please refer to the links below to obtain more informations about shipping, licensing and registration:
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Last Updated on Monday, 20 February 2012 00:41 |
