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Yacht Fee Schedule

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1.0 PRIVATE YACHTS

1.1 Private Yacht less than 24 meters in LOA

Registration Fee¹	$550
Annual Tonnage Tax	$750
Temporary Authority Ship Radio Station License	$100
Full Term Ship Radio Station License²	$200
Total	$1,600

¹ Includes Permanent Certificate of Registry.
² Renewable every four (4) years (see §10.0 for renewal fees).

1.2 Private Yacht 24 meters or more in LOA

1.2.1 One (1) Year Fee Package

	Up to 299 GT	300 – 399 GT	400 – 999 GT	≥ 1,000 GT
Registration Fee¹	$1,500	$1,500	$1,500	$1,500
Annual Tonnage Tax	$750	$750	$1,000	$1,250
Temporary Authority Ship Radio Station License	$100	$100	$100	$100
Full Term Ship Radio Station License²	$200	$200	$200	$200
Certificate of Insurance – Wreck Removal³	N/A	$200	$200	$200
Certificate of Insurance – Bunker Oil Pollution Damage⁴	N/A	N/A	N/A	$200
Total	$2,550	$2,750	$3,000	$3,450

¹ Includes Permanent Certificate of Registry.
² Renewable every four (4) years (see §10.0 for renewal fees).
³ Issued annually, applies to yachts 300 GT and above.
⁴ Issued annually, applies to yachts 1,000 GT and above.

1.2.2 Three (3) Year Fee Package

	Up to 299 GT	300 – 399 GT	400 – 999 GT	≥ 1,000 GT
Registration Fee¹	$1,350	$1,350	$1,350	$1,350
Tonnage Tax²	$2,025	$2,025	$2,700	$3,375
Temporary Authority Ship Radio Station License	$100	$100	$100	$100
Full Term Ship Radio Station License³	$200	$200	$200	$200
Certificate of Insurance – Wreck Removal⁴	N/A	$600	$600	$600
Certificate of Insurance – Bunker Oil Pollution Damage⁵	N/A	N/A	N/A	$600
Total	$3,675	$4,275	$4,950	$6,225

Fees are not reimbursable if the registration is terminated before the end of the three (3) year period.

1.3 Private Yacht Limited Charter (PYLC)

1.3.1 One (1) Year Fee Package

	Up to 299 GT	300 – 399 GT	400 – 499 GT
Registration Fee¹	$1,500	$1,500	$1,500
Annual Tonnage Tax	$750	$750	$1,000
Temporary Authority Ship Radio Station License	$100	$100	$100
Full Term Ship Radio Station License²	$200	$200	$200
Minimum Safe Manning Certificate	$300	$300	$300
Certificate of Insurance – Wreck Removal³	N/A	$200	$200
Annual Maritime Security and Compliance Fee⁴	$250	$250	$250
Annual Yacht Service Fee⁵	$1,000	$1,000	$1,000
Total	$4,100	$4,300	$4,550

¹ Includes Permanent Certificate of Registry.
² Renewable every four (4) years (see §10.0 for renewal fees).
³ Issued annually, applies to yachts 300 GT and above.
⁴ For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to yachts trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
⁵ Covers routine service requests, not otherwise specified, and issuing the Private Yacht Limited Charter Compliance Certificate (PYLCCC)* which is valid for five (5) years, subject to an annual Compliance Verification.

1.3.2 Three (3) Year Fee Package

	Up to 299 GT	300 – 399 GT	400 – 499 GT
Registration Fee¹	$1,350	$1,350	$1,350
Tonnage Tax²	$2,025	$2,025	$2,700
Temporary Authority Ship Radio Station License	$100	$100	$100
Full Term Ship Radio Station License³	$200	$200	$200
Minimum Safe Manning Certificate	$300	$300	$300
Certificate of Insurance – Wreck Removal⁴	N/A	$600	$600
Annual Maritime Security and Compliance Fee⁵	$750	$750	$750
Annual Yacht Service Fee⁶	$3,000	$3,000	$3,000
Total	$7,725	$8,325	$9,000

¹ Includes a 10% discount and a Permanent Certificate of Registry.
² Payable every three (3) years and includes a 10% discount on the annual tonnage tax.
³ Renewable every four (4) years (see §10.0 for renewal fees).
⁴ Issued annually, but fee covers three (3) years, applies to yachts 300 GT and more.
⁵ For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to yachts trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
⁶Payable every three (3) years and covers routine service requests, not otherwise specified, and issuing the PYLCCC which is valid for five (5) years, subject to an annual Compliance Verification.

Fees are not reimbursable if the registration is terminated before the end of the three (3) year period.

1.4 Yacht Engaged in Trade (YET)

	Up to 299 GT	300 – 399 GT	400 – 999 GT	≥ 1,000 GT
Registration Fee¹	$1,500	$1,500	$1,500	$1,500
Annual Tonnage Tax	$750	$750	$1,000	$1,250
Temporary Authority Ship Radio Station License	$100	$100	$100	$100
Full Term Ship Radio Station License²	$200	$200	$200	$200

Minimum Safe Manning Certificate	$300	$300	$300	$300
Annual Marshall Islands International Participation (MIIP)³	N/A	N/A	$1,700	$1,700
Continuous Synopsis Record (CSR) Document⁴	N/A	N/A	$300	$300
Certificate of Insurance – Bunker Oil Pollution Damage⁵	N/A	N/A	N/A	$200
Certificate of Insurance – Wreck Removal⁶	N/A	$200	$200	$200
Annual Maritime Security and Compliance Fee⁷	$250	$250	$250	$250
Annual Yacht Service Fee⁸	$1,000	$1,000	$1,000	$1,000
Total	$4,100	$4,300	$6,550	$7,000

¹ Includes the Permanent Certificate of Registry (a Temporary YET Certificate of Registry is not included in the registration fee (see §1.4.1)).
² Renewable every four (4) years (see §10.0 for renewal fees).
³ For yachts 400 GT to 4,000 GT (for those over 4,000 GT, see §6.0).
⁴ CSR only applies to yachts 500 GT and above.
⁵ Issued annually, applies to yachts 1,000 GT and above.
⁶ Issued annually, applies to yachts 300 GT and above.
⁷ For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to yachts trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
⁸ Covers routine service requests, not otherwise specified, and issuing the Yacht Engaged in Trade Compliance Certificate (YETCC) which is valid for five (5) years, subject to an annual Compliance Verification.

1.4.1 Temporary YET Certificate of Registry

	Up to 299 GT	300 – 399 GT	400 – 999 GT	≥ 1,000 GT
Temporary Certificate of Registry for YET¹	$450	$450	$450	$450

¹ Issued each time a yacht is permitted to engage in trade (84 days/year maximum).

2.0 COMMERCIAL YACHT

	Up to 299 GT	300 – 399 GT	400 – 999 GT	≥ 1,000 GT
Registration Fee¹	$1,800	$1,800	$1,800	$1,800
Annual Tonnage Tax	$750	$750	$1,000	$1,250
Temporary Authority Ship Radio Station License	$200	$200	$200	$200
Full Term Ship Radio Station License²	$400	$400	$400	$400

Minimum Safe Manning Certificate	$300	$300	$300	$300
Annual Marshall Islands International Participation (MIIP)³	N/A	N/A	$1,700	$1,700
Continuous Synopsis Record (CSR) Document⁴	N/A	N/A	$300	$300
Certificate of Insurance – Bunker Oil Pollution Damage⁵	N/A	N/A	N/A	$200
Certificate of Insurance – Wreck Removal⁶	N/A	$200	$200	$200
Annual Maritime Security and Compliance Fee⁷	$250	$250	$250	$250
Annual Yacht Service Fee⁸	$1,000	$1,000	$1,000	$1,000
Total	$4,700	$4,900	$7,150	$7,600

¹ Includes the Provisional and Permanent Certificates of Registry.
² Renewable every four (4) years (see §10.0 for renewal fees).
³ For yachts from 400 GT to 4,000 GT (for those over 4,000 GT, see §6.0).
⁴ CSR only applies to yachts 500 GT and above.
⁵ Issued annually, applies to yachts 1,000 GT and above.
⁶ Issued annually, applies to yachts 300 GT and above.
⁷ For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to yachts trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
⁸ Covers routine service requests, not otherwise specified, and issuing the Commercial Yacht Compliance Certificate (CYCC) which is valid for five (5) years, subject to an annual Compliance Verification.

3.0 PASSENGER YACHT (PAXY)

	Amount
Registration Fee¹	$1,800
Annual Tonnage Tax	$1,250
Temporary Authority Ship Radio Station License	$200
Full Term Ship Radio Station License²	$400

Minimum Safe Manning Certificate	$300
Annual Marshall Islands International Participation (MIIP)³	$1,700
Continuous Synopsis Record (CSR) Document⁴	$300
Certificate of Insurance – Bunker Oil Pollution Damage⁵	$200
Certificate of Insurance – Wreck Removal⁶	$200
Certificate of Insurance (Athens Convention) – Liability for the Death of and Personal Injury to Passengers	$200
Annual Maritime Security and Compliance Fee⁷	$250
Annual Yacht Service Fee⁸	$1,000
Total	$7,800

¹ Includes the Provisional (as applicable) and Permanent Certificates of Registry.
² Renewable every four (4) years (see §10.0 for renewal fees).
³ For yachts from 400 GT to 4,000 GT (for those over 4,000 GT, see §6.0).
⁴ CSR only applies to yachts 500 GT and above.
⁵ Issued annually, applies to yachts 1,000 GT and above.
⁶ Issued annually, applies to yachts 300 GT and above.
⁷ For: 1) vetting of all registered yachts and their respective crews; 2) issuing Letters of Non-Objection to vessels trading in designated High-Risk Areas; and 3) issuing Yacht Security Advisories.
⁸ For routine service requests not otherwise specified and issuing the Passenger Yacht Compliance Certificate (PAXYCC) which is valid for five (5) years, subject to an annual Compliance Verification.

4.0 YACHT UNDER CONSTRUCTION

The fees collected for Intended Registration and Vessel Under Construction Registration will be credited towards the Standard Registration fee upon the full registration of the yacht under the RMI flag.

Intended registration of a newbuilding under construction	$2,500
Registration of a newbuilding under construction	$2,500

5.0 TENDERS

5.1 Voluntary Registration – 30 feet or greater LOA

Registration Fee¹	$550
Annual Tonnage Tax	$750
Temporary Authority Ship Radio Station License	$100
Full Term Ship Radio Station License²	$200
Total	$1,600

¹ Includes Permanent Certificate of Registry.
² Renewable every four (4) years.

6.0 ANNUAL MARSHALL ISLANDS INTERNATIONAL PARTICIPATION (MIIP) FEE

Annual MIIP fee per yacht

PAXY, Commercial Yachts, and YETs – from 400 GT up to 4,000 GT	$1,700
PAXY, Commercial Yachts, and YETs – over 4,000 GT	$1,500 plus $0.05/GT

7.0 RE-REGISTRATION FEES

The re-registration fee is the same as initial registration fee (excluding the annual fees).

Annual fees due for the subsequent year(s) remain the same as established at initial registration or per the published schedule.

8.0 CHANGE OF NAME

Changing the yacht name (any size)	$250

9.0 DOCUMENTATION OF VESSELS

9.1 Subsequent Certificates of Registry

Issuing subsequent Certificates of Registry after registration	$300

9.2 Subsequent Continuous Synopsis Records (CSRs)

Issuing a subsequent CSR after registration or a voluntary CSR to a yacht not required to comply with the ISM Code	$300
Transfer or issuance of CSR transcript	$450

9.3 Bareboat Charter Registration

Letter of Consent	$250
Certificate of Deletion	$250

9.4 Foreign Bareboat Charter Registration

Certificate of Permission for Foreign Bareboat Charter Registration	$250

9.5 Permission to Sell for Re-registration

Certificate of Permission for Sale and Re-registration	$250

9.6 Certificate of Permission to Transfer an RMI-flagged

For issuing a Permission to Transfer (90-day validity):

Yachts less than 24 meters in LOA and registered tenders	$200
All other yachts	$250

9.7 Certificate of Cancellation

For processing the documentation and issuing the certificate:

Yachts less than 24 meters in LOA and registered tenders	$200
All other yachts	$500

10.0 RADIO STATION LICENSES

10.1 Temporary Authority (TA)

A TA to operate a Yacht Radio Station – valid for 90 days

Private Yachts, PYLCs, and YETs	$100
First renewal	$125
Second and subsequent renewals	$150

Commercial Yachts and PAXYs	$200
First renewal	$250
Second and subsequent renewals	$350

Tenders	$100
First renewal	$125
Second and subsequent renewals	$150

10.2 Full Term Ship Radio Station Licenses

Valid for four (4) years:

Private Yachts, PYLCs, and YETs
Original	$200
Amendment, renewal, or replacement	$200

Commercial Yachts and PAXYs
Original	$400
Amendment, renewal, or replacement	$400

Tenders
Original	$200
Amendment, renewal, or replacement	$200

10.3 Long Range Identification and Tracking (LRIT)

LRIT Reconnection Fee¹	$200

¹ When the terminal is powered down intentionally and is not in compliance with applicable requirements (RMI Marine Notice 2-011-25).

11.0 YACHT OWNING ENTITY

Any outstanding business entity formation fees, foreign maritime entity registration fees, annual maintenance fees, or any other outstanding corporate fees must also be paid at the time of registration.

12.0 MISCELLANEOUS YACHT-SPECIFIC CHARGES

12.1 Yacht Compliance Change

Processing a compliance change per vessel	$300

12.2 Annual Yacht Service Fee (except Private Yachts)

For routine service requests not otherwise specified and issuing yacht Compliance Certificates which are valid for five (5) years, subject to an annual Compliance Verification	$1,000

12.3 Re-instatement of a Yacht Compliance Certificate

After failure to maintain compliance	$2,000

12.4 Re-issuing a Compliance Certificate or Compliance Document

Re-issuance due to loss, destruction, or change of particulars	$300

12.5 Official Records of Auxiliary Vessels and Appurtenances

Official Record of Auxiliary Vessels and Appurtenances issued to a yacht	$300

12.6 Obtaining an RMI Flag

RMI flag (3×5)	$75
RMI flag (4×6)	$95
RMI flag (5×8)	$150

13.0 OTHER CERTIFICATES AND DOCUMENT CHARGES

13.1 Certificate of Ownership and Encumbrance

All yachts	$200

13.2 Minimum Safe Manning Certificate

First issue	$300
Re-issue	$150

13.3 Marriage, Birth, Death, or Burial Certificates

Certificate of a Marriage, Birth, Death, or Burial at Sea	$200

13.4 Insurance or Other Financial Security Certificates: Non-RMI-registered Yachts

Issuing insurance or other financial security certificates for qualifying non-RMI-registered Yachts	$300 per vessel

13.5 Authentication

Authentication of any document not otherwise specified (plus costs)	$300

13.6 Certified Copies

First certified copy of a document¹	$375
Each additional certified copy¹	$375

¹ Plus delivery costs and expedited receipt, if requested.

13.7 Certified Extract

Preferred Mortgage Index	$200

13.8 Certificates or documents not otherwise specified

Each (plus costs)	$300

13.9 Waiver under §203 of the RMI Maritime Act

20-year age limitation	$500
Other allowances	$150

13.10 Courier Fees

All courier fees, except for seafarer document deliveries listed in §18.10	At cost

14.0 INSTRUMENT RECORDING

14.1 Bill of Sale

Recording a Bill of Sale, all yachts	$250

14.2 Other Instruments

For recording other instruments, including a mortgage, financing charter, amendment, supplement or other instrument recordable under the RMI Maritime Act or Regulations, whether it provides for the addition of new security, or deals with an obligation unrelated to that described in the original mortgage or financing charter:

All yachts	$600 each
Yachts under construction	$600 each

14.3 Recording Services

For recording the Satisfaction, Release or Discharge of Mortgage or Financing Charter:

All yachts	$300
Yachts under construction	$300

15.0 FEES FOR SPECIAL SERVICES

In addition to any applicable fees referred to in this Notice, the following fees for special services may also be payable to the Administrator:

15.1 Regional Office Attendance

The fees for services requiring the attendance of a representative of the Administrator during a transaction conducted outside the normal business hours are:

First two (2) hours attendance or any portion thereof	$250
Each additional two (2) hours of attendance or any portion thereof	$250
Meals (if applicable)	$50
Transportation	$150

If the transaction above starts after 1700 on Friday and before 0700 on Monday or is scheduled on a holiday as determined by the Administrator, these fees apply:

First two (2) hours of attendance, or any portion thereof	$350
Every additional two (2) hours of attendance or portion thereof	$350

15.2 Administrative and Delivery Fees

These expenses, including administrative support and photocopying, incurred for the convenience of the requesting party or for the secure delivery of “official documents,” will be charged as follows:

Fixed fee for yacht registration transactions	$100
Delivery of any other official documents listed in §9.0 through §13.0	Actual Cost

16.0 INVESTIGATIONS OR FORMAL HEARINGS

Parties and interested persons may be required to pay certain actual costs incurred by the Administrator for investigations or formal hearings on casualties and contraventions.

17.0 PUBLICATIONS

To order the publications below, complete form TCMI-03 and email it to [email protected]. Do not send payment with the publication order. Invoicing is done separately and will include the cost of the items ordered plus courier shipping and handling charges. Once the invoice is received, payment may be made online with a credit card or by following these instructions.

Oil Record Book	$25

Oil Record Book Instructions can be downloaded here.

Articles of Agreement, one (1) set of three (3) pieces	$25

18.0 SEAFARER CERTIFICATION

18.1 Officer Certificate of Competence – First Issue

After qualification by examination or endorsement.

All Management and Operational Officers	$250
Restricted and General Operator – GMDSS only	$50

These include issuing a Certificate of Receipt of Application (CRA).

18.2 Officer Certificates of Competence – Renewals

Renewal of an Officer Certificate of Competence	$150

18.3 Temporary Authorization as an Officer

Following RMI Maritime Regulation 7.39	$100

Must hold a valid RMI Endorsement in a lower capacity.

18.4 RMI Seafarer’s Identification and Record Book (SIRB) and Identification Card

New, renewal or replacement of an SIRB¹	$70
Optional Identification Card	$25
Expediting Fees:
First five (5) applicants	$50
Plus, for every additional one (1) to five (5) applicants	$50

¹ 5-year validity.

18.5 Special Qualifications Certificates after exam or endorsement

Basic Training, Wiper, Junior Ordinary Seafarer, GP-Trainee, General Steward Utility	No Fee
All others	$35

18.6 Examinations

Officer Certificate of Competence	$300
Re-take of a failed officer examination	$150

Requests from owners, agents, or applicants to hold special group examinations or individual examinations away from the designated test centers will be honored, if possible, provided the requesting party undertakes the costs of all administrative out-of-pocket expenses, including the examiner’s transportation, lodging and meals, exam facility rental, assisting proctors’ fees, and related expenses as may be reasonably incurred, or a $50 per day proctoring fee, whichever is greater.

18.7 Urgent Authorization (UA)

UA for an Officer to Serve on Assignment¹	$100

¹ Prior to submission of a completed application.

18.8 Replacement Certificates

Replacement of a lost or destroyed certificate of competence	$100

18.9 Authentication, Special Services, Expediting

Authentication of sea service	$50
Special Services/Expediting for one (1) to five (5) applicants	$50
Plus, for every additional one (1) to five (5) applicants	$50

18.10 Courier service fee required for secured delivery of seafarer documentation

Courier fee for overseas delivery for one (1) to eight (8) applicants	$40
Plus, for each applicant over eight (8)	$5

19.0 PAYMENT METHODS

Fees may be paid in several ways:

19.1 Check or bank draft

Payable to “The Trust Company of the Marshall Islands, Inc.” in United States dollars and drawn on a US bank or the US branch of an international bank.

Checks should be sent to:

The Trust Company of the Marshall Islands, Inc.
P.O. Box 2095
Reston, Virginia 20195-0095 USA

19.2 Wire transfers

The instructions are in this document.

19.3 Online

Pay online using a credit card. Online payment requires either the Mozilla Firefox or Internet Explorer browser.

The latest version of this document (November 2018) is available for downloading as MN 1-005-2.

Yacht Fee Schedule

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