TTM03635 - Qualifying companies and ships: Fishing vessels or factory ships
Definition
A ‘factory ship’ is defined in the statute as a vessel providing processing services for the fishing industry. In practice it is applied to processing which could be potentially carried out on land.
References
FA00/SCH22/PARA20 (1)(a) and (2) (fishing vessels or factory ships) |
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Excluded vessels |
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Need to consider end-user of chartered ship |