HSM LAW
HSM Recognised as a Chamber Champion for 2023 Sponsorship
HSM is proud to be recognised again as a Chamber Champion at the Cayman Islands Chamber of Commerce Annual General Meeting on 28 February 2024 at The Marriott Resort, Grand Cayman. For the fourth year in a row, HSM’s recognition Read more +
HSM’s 2023-24 Internship Programme Nearing Completion
The HSM Group is proud to continue its internship programme in partnership with the Cayman Islands Further Education Centre (CIFEC) by offering 13 placements for the 2023/24 academic year. As part of the CIFEC curriculum, the internship began in October Read more +
Chambers and Partners Features HSM Group in Global Legal Guide 2024
The HSM Group is pleased to be featured by Chambers & Partners in their 2024 Global Legal Guide. Our Intellectual property practice, HSM IP, has once again been ranked as a top tier law firm in their Global (Caribbean-Wide) Intellectual Read more +
Legal Challenges and Potential Conflicts in Serving Both Insurance Companies and Insured Parties
In the myriad varieties of insurance claims, attorneys can find themselves walking a tightrope when representing both insurance companies and insured parties concurrently. While this dual representation often provides a practical and cost-effective solution, it introduces challenges that require meticulous Read more +
Why Should You Register a Vessel in the Cayman Islands?
The Cayman Islands is recognised as one of the most prestigious flag states internationally and is a popular and attractive base for the registration of foreign owned vessels.
The Cayman Islands, consisting of Grand Cayman, Cayman Brac and Little Cayman, are a British overseas territory located in the western Caribbean Sea. Cayman is a major world offshore centre, which, in conjunction with its comprehensive maritime legislation, allows flexibility and safety for vessel owners in a tax neutral environment.
Cayman is a category 1 British Registry, affording Cayman registered vessels all the privileges that accompany the British Flag, along with full international recognition.
Additionally, a wide range of ownership structures is available to facilitate flagging a vessel in Cayman, and it is not always necessary for a Cayman Islands flagged vessel to be owned by a Cayman Islands individual or entity. Moreover, there are few restrictions on crew nationality for Cayman flagged vessels.
A full range of vessel registration options are offered by the Cayman Islands Shipping Registry (from bareboat charters to full registration).
HSM advises on all aspects of the vessel registration process in the Cayman Islands and maintains excellent relationships with the Cayman Islands Shipping Registry and is listed as a maritime services provider/partner.
For more details on our vessel registration services, visit hsmoffice.com/law/vessel-registration.
