Bill of Sale Registration
The Bill of Sale is executed when there is a transfer of ownership of a Singapore vessel or shares therein. The Bill of Sale must be produced for the registration anew of the vessel upon change in ownership.
Submit the following documents:
- Download and complete the Bill of Sale.
- Every Bill of Sale for the transfer of a Singapore vessel or any share therein must be produced for registration and will be registered in the order of production if there is more than one Bill of Sale.
- Where the transferee is a person qualified to own a Singapore ship (refer to Prerequisites for ship registration):
- The Bill of Sale must be in the prescribed form.
- The ship must be registered anew within 60 days of the date on which the Bill of Sale (or the first Bill of Sale if there is more than one Bill of Sale) is registered, failing which the registry will be closed by operation of the law.
- The Bill of Sale will not be recorded if there are subsisting mortgages (unless the mortgagee has given consent in writing), unpaid fees, outstanding claims of the master or seamen, or any subsisting court order prohibiting any dealing with the vessel.
- The Bill of Sale must be in the prescribed form.
- Where the transferee is not a person qualified to own a Singapore vessel:
- Registration of the Bill of Sale will result in the closure of the registry.
- The Certificate of Registry, if not submitted, must be surrendered within 60 days of the date on which the Bill of Sale is registered.
- The Bill of Sale will not be recorded if there are subsisting mortgages (unless the mortgagee has given consent in writing), unpaid fees, outstanding claims of the master or seamen, or any subsisting court order prohibiting any dealing with the vessel.
- Registration of the Bill of Sale will result in the closure of the registry.
- A fee of S$50 is payable for the registration of a Bill of Sale.