Ships registered in the Falklands were formerly registered as one vessel type, with a single register for all ships. This is now set to change, as Governor Pearce explained in his report on the Thursday 16th December meeting of the Islands' Executive Council.
Under legislation which was originally passed in 2001 and came into effect in 2003, a new series of registers has been established which divides ships into four categories:
1. merchant ships
2. fishing vessels
3. small ships under 24m in length and owned by individual owners
4. bare boat charter merchant ships and fishing vessels
Exco has now set a schedule of fees for each of these four new categories of vessel. These fees, which follow fairly closely the standard charges imposed by the Marine and Coast Guard Agency in the UK, will need to be paid both by those wishing to register a new vessel and owners of vessels already on the Islands' register.
Governor Pearce explained that as the new arrangements would only bring into Government an estimated income of around £2,000 per annum, in total, he did not expect that there would much financial impact on current owners of Falklands registered vessels, whether companies or individuals
J. Fowler (MP) Stanley