Domestic Shipping

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Tanker operators wants deferment of Oil Pollution Compensation Act

Tanker operators as well as oil companies are seeking the deferment of the implementation of Republic Act 9483 or the Oil Pollution Compensation Act until a new law is passed. The stakeholders, led by the Philippine Petroleum Sea Transport Association (Philpesta), Association of Tankers Owners of the Philippines (Atophil), and the ‘big 3′ oil firms Shell, Chevron (Caltex) and Petron,…

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MARINA to review Domestic Shipping Development Act

Not satisfied with the slow-paced development of the domestic shipping industry three years after Republic Act 9295 or the Domestic Shipping Development Act of 2004, the Maritime Industry Authority (Marina) wants to review its implementing guidelines to streamline some aspects and make it more attractive to investors. It added that the review will not only involve certain provisions but will…