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Merchant shipping to be licensed in Azerbaijan

Business Materials 18 May 2012 20:39 (UTC +04:00)
A special permit (license) will be required in the field of merchant shipping to operate in cargo and passenger transportation by ships in Azerbaijan.
Merchant shipping to be licensed in Azerbaijan

Azerbaijan, Baku, May 18 / Trend A. Akhundov /

A special permit (license) will be required in the field of merchant shipping to operate in cargo and passenger transportation by ships in Azerbaijan.

The additions will be made to the Azerbaijani Merchant Shipping Code. The parliamentary committee on economic policy has today recommended submitting a bill on amendments to the Code to the Azerbaijani Parliament for discussion.

Moreover, according to the amendments, the ship owners must submit a certificate on insurance or other financial security to civil liability for damage incurred as a result of water pollution by bunker oil.

The additions envisage inspecting at least a quarter of the average annual number of vessels (this number should be calculated on the basis of the indices for the last three years), sailing under foreign flags and entering the territory of the Azerbaijani sea ports.

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