Section 42: Transfer of registry within Nigeria

(1)
The registration of any ship registered in Nigeria may be transferred from the existing port of registry to another port of registry in Nigeria on the application by declaration in writing, of all persons appearing on the register to be interested in it as owners or mortgagees made to the Registrar at the ship's existing port of registry.
(2)
When an application is made under subsection (1) of this section the Registrar shall transmit notice of the application to the Registrar at the intended port of registry, with a copy of all particulars relating to the ship and the names of all persons appearing on the register to be interested therein as owners or mortgagees.
(3)
The ship's certificate of registration shall be delivered to the Registrar at the existing or intended port of registry, and, if delivered to the former, shall be transmitted to the Registrar at the intended port of registry.
(4)
On the receipt of the certificate of registration and all other particulars relating to a ship under this section, the Registrar at the intended port of registry shall enter in the register, all the particulars and names so transmitted and grant a fresh certificate of registration after which the ship shall be considered as registered at the new port of registry, and the name of the ship's new port of registry shall be substituted for the name of the ship's former part of registry on the ship's stern.
(5)
A transfer under this section shall not affect the rights of any person appearing on the register to be interested in the ship as owner or mortgagee, and the rights shall, in all respects, continue in the same manner as if the transfer had not been effected.