International Ship Registration Act. Country/Territory Korea, Republic of Document type Legislation Date 1997 (2015) Source FAO, FAOLEX Subject Fisheries, Sea, Water Keyword Fishing vessel Registration Navigation Transport/storage Business/industry/corporations Geographical area Asia, Asia and the Pacific, East Asian Seas, Eastern Asia, North Pacific, North-West Pacific Abstract The purpose of this Act is to increase the international competitiveness of the shipping industry and to contribute to development of the national economy by prescribing matters concerning the registration of ships which make international voyages, assistance to international ships, etc. In particular, section 3 lays down provisions relating to ships eligible for registration, such as, ships owned by Korean nationals; ships owned by corporations established under the Acts of Korea; ships operated by ocean-going transport enterprisers. Section 4 deals with registration procedures. The text consists of 13 sections. Full text English Website www.klri.re.kr