(1) A ship of Nepal of 50 or more than 50 gross tonnage and travelling at sea and of motive power exceeding 150 horse power irrespective of its tonnage shall hold a logbook of ship as prescribed.
(2) Details of navigation, works at the ship, navigators, passengers, weather observation, big accidents and hazards happened at sea, and officers of the ship office, owners of ship, consigner or consigners of cargo by ship,
insurers, underwriters and events of interest to all the concerned person shall be set down in such a logbook.