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Clarification to DGS Circular 02 of 2021 dated 14.01.2021 on Guidelines for exercise of Right of First Refusal-grant of license to foreign flag vessels.
Applicable to:
All stakeholders, charterers, shippers, Indian shipping companies, and related associations.
Effective Date:
11.02.2021
Superseded Circulars:
DGS Circular 02 of 2021 dated 14.01.2021
Key Changes and Requirements
1. Clarification on Right of First Refusal (ROFR)
The intent of DGS Circular 02 of 2021 is clarified to ensure ROFR is offered to vessels mentioned in para 21.3.4 in the same order.
- Order of preference: Vessels mentioned in para 21.3.4 of DGS Circular 02 of 2021
2. Consideration of Non-Qualifying Vessels
Vessels not falling within specified categories can be considered if the bidder gives an undertaking to convert the vessel before operations commence.
- Deterrent penalties: Incorporated in tender award to ensure conversion as undertaken
Other terms and conditions: Remain same as DGS Circular 02 of 2021 dated 14.01.2021
Important Note
Please refer to the official DGS website (www.dgshipping.gov.in) for further details and updates.
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