In order to transfer of ownership of a vessel, change the ownership/certificate of ownership, you must fill in an application form on samgongustofa.is -eydublod -sigling and register a selected vessel on the register of vessels. There, you insert a new operator/if different from the owner. Information on the ship as registered today and a new name if the ship will have a different name and will be registered with a different home port, and a new owner according to a title deed. A registered title deed must always be enclosed in the event of a change of ownership. No registration is required if the ship is under 5 gross tonnage, but we always recommend that the title deed be registered. In order for the change to take place, the ship must be free of debt from the Icelandic Transport Authority/accounting so that the owner can be changed.