New regulation on ships registration in Vietnam

14:07, 05/01/2017

According to Decree No. 171/2016/NĐ-CP of Vietnam’s Government on the registration, deregistration, purchase, sale and building of ships, age limits of used foreign-flagged ships, submarines, submersibles, floating production storage and offloading units, and mobile offshore drilling units which are registered in Vietnam for the first time shall be provided for as follows:

- Passenger ships, submarines and submersibles: 10 years of age; (current regulation: passenger ships shall not exceed 10 years of age)

- Other ships, floating production storage and offloading units, and mobile offshore drilling units: Not more than 15 years of age; (current regulation: other ships shall not exceed 15 years of age)

Concurrently, supplementing special cases in which age limits shall be decided by the Minister of Transport provided it shall not exceed 20 years and only apply to chemical tankers, ships carrying liquefied gases, oil tankers or floating production storage and offloading units.

View details at Decree No. 171/2016/NĐ-CP of Vietnam’s Government, annulling Decree No. 161/2013/NĐ-CP.

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