Blog Preview

Holding in abeyance of the SD Circular No. 03 of 2013 [F. No. SD-13/POL(5)/09] dated 26.11.13 on Guidelines for grant of licence/permission under sections 406 and 407 of the MS Act, 1958 - Exercise of right of first refusal - reg.

Applicable to: All Indian flag shipping companies, INSA/FOSMA/MASSA/CCSA, Mumbai, All Charterers/Shippers, Federation of Indian Exports Organization, All MMDs under the DGS, GOI
Effective Date: Immediate effect
Superseded Circulars: Shipping Development Circular No.03 of 2013 [F. No. SD-13/POL(5)/09] dated 26.11.13

Key Changes and Requirements

1. Circular Kept in Abeyance

The Shipping Development Circular No.03 of 2013 on guidelines for grant of license/permission under sections 406 and 407 of the MS Act, 1958 & exercise of right of first refusal is hereby kept in abeyance with immediate effect and until further orders.

Important Note

All affected parties should note this change and await further orders from the Ministry of Shipping, Govt. of India.

Download official PDF

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.