[Code of Federal Regulations] [Title 46, Volume 7] [Revised as of October 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 46CFR174.355] [Page 181-182] TITLE 46--SHIPPING CHAPTER I--COAST GUARD, DEPARTMENT OF HOMELAND SECURITY (CONTINUED) PART 174_SPECIAL RULES PERTAINING TO SPECIFIC VESSEL TYPES--Table of Contents Subpart J_Special Rules Pertaining to Dry Cargo Ships Sec. 174.355 Definitions. New ship means a ship: (1) For which the building contract is placed on or after February 1, 1992; or (2) In the absence of a building contract, the keel of which is laid or which is at a similar stage of construction on or after August 1, 1992; or (3) The delivery of which is on or after February 1, 1997; or (4) For which application for reflagging is made on or after February 1, 1997; or (5) Which has undergone a major conversion: (i) For which the contract is placed on or after February 1, 1992; or [[Page 182]] (ii) In the absence of a contract, the construction work of which is begun on or after August 1, 1992; or (iii) Which is completed on or after February 1, 1997.