C lectric
Guru
Thank you BandB,
My guess is about half that but add that many may see the documented vessel as some kind of status elevatiion as it’s a big boat thing. And it just occured to me a higher level of “trawlerism”.
Will be interesting. I’ll go vote.
Where the heck did that come from? Got nothing to do with it. Mine is Registered, Canada, which is very similar to your Documented.
T'was done by the P.O. I was told because he recognized the builder was in financial trouble. The Registration protected HIS assets even if they went bankrupt. Didn't mean there wasn't going to be some questions but to get that Registration meant the engine, the gear, the hull and a myriad of other parts bought for that boat belonged to that boat and that boat was his.
Other wise the boat would have just gone into the winds as bankruptcy assets.
They did complete his , now my boat, but the next guy who did the same thing had to get his boat finished elsewhere. But he did get it and would not have were it not Registered.
I knew him so we talked as we had sister ships.
Lots of valid reasons for a Registration/Documentation.
Further more there is only one Island Pride Registered in my Registry area.
There may be others Registered elsewhere but no where near my Registry port.
It also makes lien tracing easier which is good for purchasers and sellers.
Just a bit of a pain if you wish to change the name and a bit more paper work when the boat is sold.