The Liberian Registry is open to any ship owner in the world. In order to enter the Liberian registry a vessel must be less than 20 years of age and must meet high safety standards. The owner can register a vessel in Liberia while under construction, or immediately upon delivery of the vessel by the builder, or transfer a vessel to Liberia while trading or under repair or in lay-up. Registration can be performed while at port, yard, anchorage or at sea.