Application to those who will invest in an IACS new or newly constructed ship
The Maritime Industry Authoritys (MARINA) has issued Circular No. 2015-04 to inform that incentives for new vessels will apply to those who will invest in an International Association of Classification Societies (IACS) classed brand new or newly-constructed ships.Those who will qualify will be given protection of investment and route protection.
Incentives
Protection of Investment and/ or Route Protection (For “Liner” Only)
For purposes of recovering its investment, the domestic shipowner or operator granted “Pioneer Status” shall be given protection of investment for a period of six (6) years by imposing a moratorium on the deployment of additional vessels or not allowing other vessels to ply in the applied link / route
Priority in the Issuance of Certificate of Public Convenience (CPC)
Domestic shipowners! operators granted “Pioneer Status” shall likewise be given priority in the issuance of CPC by MARINA in the route it proposes to operate whether said route has an existing ship operator or not. MARINA shall. promptly and without delay, issue all request for issuance of ship documents, certificates, and licenses within ten (10) working days provided the shipowner or operator has complied and submitted ail. the required documentary requirements.
Fees and Charges
Domestic shipowners or operators granted Pioneer Status shall only be charged fifty percent (50%) of the regular fees in all applications and renewals of ship documents, iicenses, certificates and permits.
Drydocking of Vessels
All provisions on drydocking of classed vessels shall comply with the drydocking schedule required by the Authority
Provision for Special Ramp/ Berth Facility
Special ramp or berthing facility in any port shall be made available to IACS classed brand new or newly constructed ships under EO 909 subject to existing policies of the Port Authorities
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