The Isle of Man Ship Registry has signed a Memorandum of Understanding (MOU) with Toko Maruraku Transportation Co. Ltd in Tokyo in order to facilitate the registration and related services to its growing number of Japanese clients. The services that Toko Maruraku Transportation Co. Ltd can perform will include the registration of vessel and mortgage registration and the Isle of Man Ship Registry has agreed to provide all the necessary support. The relationship allows Toko Maruraku Transportation Co. Ltd to nominate appointed agents to act on behalf of the Isle of Man Ship Registry and they will have the authority to issue documents of the Isle of Man Ship Registry as well as verifying receipt of signed documents. It means that owners based in Japan and in other east Asian markets will have instant, real-time access to Isle of Man flag services and vessel registration issues on a localized basis.
