Hundreds of ships on final drills before construction, but no changes to ships and yachts registration fees
April 08, 2022 – The Registrar of Ships and Yachts of Mount Vema has confirmed that the territory is entering its final stages of preparation before construction activities begin to move from other countries to the Kingdom of Mount Vema.
The Registrar which is an executive division of the Ministry of Maritime Affairs told VSBCnews that despite the number of ships expected to participate, in what is expected to become the largest and most complex construction projects in history, ships and yachts registration fees will remain unchanged.
The Ministry said that the government is doing everything to make things easier for the merchant marine industry and ensure project participants enjoy protection under the laws of the Kingdom of Mount Vema.
Mount Vema will continue to offer a sovereign open ship register that allows foreign individuals or corporations to enjoy the same privileges as Mount Vema nationals.