SHIP MANAGEMENT INDUSTRY DEVELOPMENT ACT

Article 1(Purpose) #

The purpose of this Act is to promote the advancement and globalization of the ship management industry and contribute to the creation of jobs and the development of the national economy by providing for matters necessary for foundations for fostering, supporting and developing the ship management industry.

Article 2(Definitions) #

The terms used in this Act shall be defined as follows:

1. The term "ship management industry" means the industry of engaging in technical and commercial management of ships, management of offshore structures, trial of ships, and other affairs, which are fully or partially entrusted (including such affairs fully or partially entrusted by a foreign ship manager) by domestic and foreign sea carriers, persons who operate a ship chartering business, operators of government ships, shipbuilders, operators of offshore structures, and other ship owners as defined in the Seafarers Act (hereinafter referred to as "ship owners, etc.");

2. The term "ship manager" means a person registered to provide ship management services under Article 33 of the Marine Transportation Act.

Article 3(Relationship to other Acts) #

Except as otherwise provided in this Act, the ship management industry shall be governed by the Marine Transportation Act.

Article 4(Formulation of master plans for fostering ship management industry) #

(1) The Minister of Oceans and Fisheries shall formulate a 10-year master plan for fostering the ship management industry (hereinafter referred to as "master plan") every 5 years to set the basic direction for policies to foster the ship management industry, in consultation with the heads of relevant central administrative agencies. <Amended on Mar. 23, 2013; Aug. 20, 2019>