What type of Registry is characterized as a combination of Open and Closed Registries?

A Hybrid Registry is characterized as a combination of Open and Closed Registries because it allows for a flexible approach in ship registration. In this system, vessels can be registered by owners from different countries while still adhering to certain regulations, which may include both international standards and domestic laws. This flexibility enables ship owners to choose a registry that best suits their operational and financial needs.

An Open Registry typically allows any vessel owner from any country to register their ship, often with fewer restrictions and regulations, aimed primarily at reducing costs and administrative burden. Conversely, a Closed Registry restricts ship registration to vessels owned by citizens or corporations of that specific country, ensuring tighter control and compliance with national maritime laws. An International Registry usually refers to a registry that operates across national boundaries but does not specifically indicate a blend of open and closed characteristics.

By understanding these distinctions, one can see how a Hybrid Registry effectively incorporates aspects of both to provide a versatile registration option for ship owners.