Blog Preview
Issue of General Trading Licenses to Indian ships
Applicable to:
Indian ships and their owners, time charterers, and masters
Effective Date:
20 July 2014
Superseded Circulars:
None mentioned
Key Changes and Requirements
1. Application for General Trading Licenses — Section 406 of the Merchant Shipping Act, 1958
Indian ship owners and time charterers can apply for a general trading license for their ships using the prescribed application form (FORM C).
- Application Form: FORM C
- License Duration: Up to 12 months or co-terminus with the Certificate of Registry
- License Validity: Valid for each voyage from an Indian port, subject to renewal or modification
II/4 Particulars of Ship
Details required include: Name of Vessel, Owners, Time Charterers, Official Number, Port of Registry, Gross Tonnage, etc.
2. License Obligations and Compliance
License holders must maintain valid applicable certificates and insurance covers at all times. Failure to do so may result in automatic suspension of the license.
- Compliance: Maintain valid certificates and insurance covers
- Penalty: Automatic license suspension for non-compliance
Want to learn and share your knowledge about the maritime world?
Explore the Blog app on Navvyx - Get maritime insights from across the world in one place.