Launch of 15/15 Incentive
The Ship Registry is pleased to announce a new scheme which is aimed at reducing the average age of the St. Kitts & Nevis International Ship Registry fleet.
The scheme will commence from the 01 July 2018 and will last for an initial 15-month period. This scheme will only apply to new Provisional registrations only, Special Purpose registrations will not be included.
This will look at the current Annual Flag Fees a ship owner would pay within the vessels first four (4) years of registration. The fee reduction will apply only at the time of registration and each yearly annual taxes, with the reduction taken from the total amount paid. Additional services requested within the Calendar year will be subject to normal fees.
Further details on the incentive can be found by clicking on the Maritime Circular MC 81 18 The 15 15 Incentive