Hot Lay Up definition

Hot Lay Up means that the craft is non- operational, with some of the machinery kept in operation for fast re-activation. This lay-up condition is relatively short term and may extend upto 12 months.
Hot Lay Up means, in relation to a Ship, lay up of that Ship in an approved, safe and suitable anchorage whereby throughout the lay up period, the relevant Ship holds full classification and flag requirements without any overdue recommendations or conditions, crew levels of that Ship are not reduced below the level required by the safe ▇▇▇▇▇▇▇ certificate relating to that Ship and such Ship is in full and valid compliance with all ISM and ISPS requirements to be evidenced by a declaration issued by the Approved Classification Society relating to that Ship;