MIA Memorandum Circular No. 17 (1978)

(NAR) VOL. II NO. 2 / APRIL - JUNE 1991

[ MIA MEMORANDUM CIRCULAR NO. 17, September 10, 1978 ]

AGE AND TONNAGE (OR BHP) LIMITATIONS AND CLASSIFICATION REQUIREMENT OF VARIOUS VESSEL TYPES

Please be informed that the Maritime Industry Authority Board, in its meeting on September 15, 1978, has approved the following guidelines/limitations on the importation of Vessels: Type of Vessel Minimum Maximum Size Limit Age Limit Barges Total restriction — Tugboats 4000 BHP 12 yrs LCTs 2000 DWT 10 yrs Fishing Boats 250 GRT 10 yrs Cargo Vessels 750-1000 8 yrs DWT 1000 DWT and 10 yrs above Ferry Vessels Total restriction — Passenger Vessels No restriction 10 yrs Cargo-Passenger 750 DWT 10 yrs Vessels Specialized Vessels e.g.No restriction 12 yrs RO-RO/ Containerized/ Reefer/etc. Tankers 1000 DWT and 12 yrs above An additional two (2) years may be allowed in meritorious cases as determined on the basis of favorable cost-benefit analysis. All vessels proposed to be imported should be classed by a recognized international classification society, i.e., an accredited member of the International Association of Classification Societies (IACS). MARINA CIRCULAR No. 10 dated Jan. 1, 1977, insofar as it is not inconsistent with this Circular, shall remain in full force and effect. Please be guided accordingly. Adopted: 20 Sept. 1978.(SGD.) GENEROSO F. TANSECO Administrator Re-issued: 16 May 1991