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For the purposes of registration, a ship is divided into 64 shares; most maritime nations (the United States being an exception) follow this custom, which is variously attributed, for example, to the fact that ships traditionally had 64 ribs or the fact that under Queen Victoria ship owners were taxed 36% and left with the remaining 64%. The United States did follow this custom for a considerable time. For example, see Certificates (of Enrollment) for the coal schooners built along the Maine coast.

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Q: Why are there traditionally 64 shares in a ship or boat?
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