Recently, the Government of Vietnam has officially issued the Decree No. 86/2020/NĐ-CP providing amendments to Decree No. 171/2016/NĐ-CP dated December 27, 2016 on registration, deregistration, sale and purchase, and building of ships.
According to Clause 3 Article 1 of Decree No. 86/2020/NĐ-CP of Vietnam’s Government amending Article 7 of Decree No. 171/2016/NĐ-CP age limits for ships registered in Vietnam, age limits for foreign-flagged used ships, submarines, submersibles, floating storage units and mobile offshore drilling units, when they are registered in Vietnam, are provided for as follows:
- Maximum age of passenger ships, submarines and submersibles: 10 years;
- Maximum age of other ships, floating storage units and mobile offshore drilling units: 15 years;
- In special cases, the age of chemical tankers, liquefied gas carriers, oil tankers or floating storage units shall be decided by the Minister of Transport but not exceed 20 years.
Note: A ship which has been deregistered from Vietnam National Ships Registration Book for registering for inland waterway ship bearing VR-SB notation may be re-registered in Vietnam National Ships Registration Book in the form of indefinite-term registration of ship or registration of small-sized ship if it meets the age limit prescribed above.
View more details at Decree No. 86/2020/NĐ-CP of Vietnam’s Government, effective from September 15, 2020.
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