Shipping. Part221:Regulated transactions involving documented vessels and other maritime interests. Section221.15:Approval for transfer of registry or operation under authority of a foreign country or for scrapping in a foreign country.
In no case will approval be granted to place under foreign registry or to operate under the authority of a foreign country a Fishing Vessel, Fish Processing Vessel, or Fish Tender Vessel that has had its fishery endorsement revoked pursuant to Appendix D of Public Law 106–554, 114 Stat 2763. Subject to this exclusion, approval requests will be considered as set forth in this section.