TTM03000 - Qualifying Companies and Ships
Introduction
This section covers the meaning of qualifying ships and qualifying companies. It includes temporary cessations, types of charter, types of vessel and ship registration/flagging. Guidance is given on the meaning of the words “sea” and “sea going” and it also explains the strategic and commercial management tests.
Table of contents
QUALIFYING COMPANY AND GROUP
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Qualifying company: Meaning |
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Qualifying group: Meaning |
Temporary cessation
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Temporary cessation: Election to remain in Tonnage Tax |
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Temporary cessation: termination of election to remain in Tonnage Tax |
Operating a ship
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Operating a ship: Meaning |
Bareboat charter-out
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Bareboat charters-out |
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Person to whom chartered is not a third party |
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Ship chartered-out because of short-term over-capacity |
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Ship in service of government department |
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Examples |
QUALIFYING SHIP
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Qualifying ship: Meaning |
Seagoing
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Seagoing ship |
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Certification of ships |
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Certification of ships: restricted certificates |
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Area of operation limited to sheltered waters |
Use of ship
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Qualifying ships |
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Carriage by sea of passengers |
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Carriage by sea of cargo |
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Towage, salvage or other marine assistance |
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Transport by sea in connection with other services of a kind necessarily provided at sea |
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When does a new ship first become a qualifying ship? |
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When does a ship cease to be qualifying? |
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Sea: meaning of |
Excluded vessels
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Non qualifying ships - introduction |
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Non qualifying - services normally provided on land |
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Excluded vessels |
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Pleasure craft |
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Fishing vessels or factory ships |
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Harbour, estuary or river ferries |
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Offshore installations |
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Tankers dedicated to a particular oilfield |
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Need to consider end-user of chartered ship |
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Tugs other than qualifying tugs |
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Qualifying tugs - flagging |
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Dredgers; non qualifying and qualifying |
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Examples of qualifying and non-qualifying ships |
Change of use
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Effect of change of use |
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Temporary change of use |
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Temporary change of use: Examples |
STRATEGIC AND COMMERCIAL MANAGEMENT
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Introduction |
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Strategic management |
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Commercial management |
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Additional factors |
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Examples |
FLAGGING
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Qualifying Ships - Flagging - Introduction |
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Excepted Years |
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Overview |
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Flagging - condition 1 |
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Flagging - condition 2 |
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Flagging - condition 3 |
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Substitute ships |
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Tugs & dredgers |
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Member states registers |
