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Original Message
RE: What's their issue with Delaware?
Posted by beach cruiser on October 31, 2019 at 12:48:50:
Delaware has very favorable laws for incorporation. EVery american ship I ever sailed was registered in delaware, not a state famous for a seafaring tradition.
I talked to a guy who went to pick up some papers for a shipping agent, and he said each corporation was just a mailbox at a central desk. Each ship is a separate corporation , for liability reasons, although might be run under a name of a group, like sea land, or delta lines.
All my unemployment checks were always from Delaware. I went touring, they sent the checks. I had a special out of state claims guy, who mostly only worked with sailors, so it was very well run and easy. Delaware, being east coast, paid slightly better than my home state, california.