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Amendment to Shipping Development Circular No.1 of 2008, Offshore Service Vessels (OSVs) , Indian Register of Shipping (IRS) or any other IACS Class Society,Ministry of Shipping, Road Transport & Highways, Annual Statutory Survey and an Intermediate S…
Key Changes and Requirements
1. OSV Classification and Inspection
Offshore Service Vessels (OSVs) must be classed with Indian Register of Shipping (IRS) or any other IACS Class Society.
- Unclassified Vessels Above 25 Years: Must undergo an Annual Statutory Survey and an Intermediate SMC Audit by IRS before operating in the field. Non-compliance may result in license cancellation.
- License Renewal: Vessels with expired licenses will have one month to comply with the new requirements.
2. Charterer Liabilities and Fees
Charterers are jointly liable for wreck removal, oil pollution, and damage costs. They must possess adequate insurance coverage meeting the limits prescribed in Chapter-X of the M.S. Act, 1958.
An appropriate fee will be charged on charters, payable to D.G. Shipping, for building safety infrastructure on offshore and coastal areas.
Non-compliance may result in license cancellation. Charterers are advised to ensure vessels meet the new requirements and possess adequate insurance coverage.
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