Vietnam: 06 principles of import and dismantlement of used ships

Currently, ship dismantlement means breaking up the entire structure of a ship at a ship dismantlement establishment.

According to Decree No. 114/2014/NĐ-CP of Vietnam’s Government, import and dismantlement of used ships shall follow the following principles:

- The import and dismantlement of used ships must ensure maritime safety and security, labor safety and protection of human health and the environment.

- Used ships may only be dismantled at lawfully licensed ship dismantlement establishments.

- Used ships imported for dismantlement must fall into one of the cases prescribed in Article 8 of this Decree. The ship importer must have a manifest of materials from the ship made according to the form provided in Appendix I to this Decree.

- Used ships imported for dismantlement may not be transformed, upgraded, used for other purposes, transferred or traded.

- A used ship imported for dismantlement shall be brought to a ship dismantlement establishment within 30 (thirty) days after customs formalities are completed and 90 (ninety) days after it arrives at the first seaport of Vietnam; the ship dismantlement period must not exceed 180 (one hundred and eighty) days after the ship is brought to the ship dismantlement establishment.

- Used ships for dismantlement must neither be in a hypothecation nor subject to a maritime claim.

View details at Decree No. 114/2014/NĐ-CP of Vietnam’s Government, effective from January 15, 2015.

Thu Ba

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