New Ship

New ship means a ship:

  1. for which the building contract is placed on or after 31 December 2003; or
  2. in the absence of a building contract, the keel of which is laid or which is at a similar stage of construction on or after 30 June 2004; or
  3. the delivery of which is on or after 31 December 2006.

Source: IMO Resolution A.951(23), IMO Guidelines on Ship Recycling (resolution A.962(23)), 4 March 2004, International Maritime Organization. Regulatory guidance

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