Understanding Obsolete Vessel: Definition and Legal Criteria

Definition & Meaning

An obsolete vessel is defined as a ship that meets specific criteria indicating it should be replaced in the public interest. According to federal regulations, a vessel is considered obsolete if it:

  • Has a gross tonnage of at least 1,350 tons.
  • Is deemed by the Secretary of Transportation to be outdated or no longer useful, based on its age or condition.
  • Has been owned by a U.S. citizen for at least three years prior to its acquisition.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A cargo ship built in the 1980s that has not been upgraded and is no longer efficient may be classified as an obsolete vessel. The Secretary of Transportation may recommend its replacement due to safety concerns.

Example 2: A fishing vessel that has been owned by a U.S. citizen for over three years and is at least 1,350 gross tons may be eligible for trade-in under the government vessel replacement program if it is deemed outdated. (hypothetical example)

Comparison with related terms

Term Definition
Obsolete Vessel A vessel that is outdated and should be replaced, as defined by federal law.
Scrap Vessel A vessel that is no longer seaworthy and is intended for dismantling or recycling.
Decommissioned Vessel A vessel that has been officially taken out of service but may still be in usable condition.

What to do if this term applies to you

If you believe your vessel may be classified as obsolete, consider the following steps:

  • Review the criteria outlined in the relevant statutes to confirm eligibility.
  • Consult with a maritime attorney or legal professional for guidance on the replacement process.
  • Explore US Legal Forms for templates that can help you navigate the necessary paperwork.

Quick facts

Attribute Details
Minimum gross tonnage 1,350 tons
Ownership requirement At least three years by a U.S. citizen
Authority Secretary of Transportation

Key takeaways

Frequently asked questions

A vessel qualifies as obsolete if it is over 1,350 gross tons, has been owned by a U.S. citizen for at least three years, and is deemed outdated by the Secretary of Transportation.