When the part owners of a ship make a decision on the following matters, a part owner objecting to the decision may demand that the other part owners buy out the objecting part owner's share at a reasonable price:
船舶共有者が次に掲げる事項を決定したときは、その決定について異議のある船舶共有者は、他の船舶共有者に対し、相当の対価で自己の持分を買い取ることを請求することができる。
to embark on a new voyage (limited to one that has not been planned among the part owners of the ship); or
新たな航海（船舶共有者の間で予定されていなかったものに限る。）をすること。
A part owner of a ship seeking to make a demand under the provisions of the preceding paragraph must issue notice of this to the other part owners or the ship's manager within three days from the date of the decision referred to in that paragraph (in the case of a part owner who has not participated in the decision-making process, the day after the day on which the part owner is notified of the decision).
ship
「船舶」
In the part on maritime commerce (except Article 747), a ship used for navigation for the purpose of commercial transactions (商行為), other than rowboats and other boats driven only or mainly by oars.
Defined inArticle 684, paragraph (1)