Ship Spares & Store in Transit

‘Ship Spares in Transit’ and ‘Stores in Transit’ refer to goods intended to be loaded onto or used on a yacht while it’s outside a customs territory where the goods were imported or stored. These items include essential parts and equipment necessary for the vessel’s operation, maintenance, or consumption while in international waters.

‘Ship spares’ are specifically for the functionality and maintenance of the vessel, while ‘ship stores’ refer to goods used, consumed, or sold onboard, such as food, beverages, and other consumables. Non-essential personal items or luxury goods not directly related to the vessel’s operation typically do not qualify.

You’d be surprised by how frequently things change. New guidelines, updated tax rates, and even whole new laws are introduced regularly. It’s important to stay informed and not rely on outdated information or assumptions to avoid any surprises at customs.

Conclusion:

While every case is unique and this is a guideline only and should not be taken as binding, understanding and correctly using the terms ‘Ship in Transit’ and ‘Yacht in Transit’ can significantly streamline your operations and reduce costs. We stand in between to ensure compliance with all relevant regulations.

Ship spares in transit require careful planning, meticulous documentation, and adherence to customs regulations to avoid unnecessary delays or costs. This is where Mickey Excellency Expertise specializes, offering bonded carrier solutions that ensure your spares reach your vessel swiftly, duty-free, and in compliance with all regulations.

Abuse of ship’s stores

Any abuse of ship’s stores may result in the refusal of ship’s stores applications to the installations/vessels involved in the abuse. All high value dutiable goods are to be secured by a nominated officer/ships master.