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
Size Limit Maximum
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 DWT

8 yrs

    1000 DWT and above

10 yrs

  Ferry Vessels Total restriction

-

  Passenger Vessels No restriction

10 yrs

  Cargo-Passenger Vessels 750 DWT

10 yrs

  Specialized Vessels e.g. RO-RO/
Containerized/ Reefer/etc. No restriction

12 yrs

  Tankers 1000 DWT and above

12 yrs

 

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.


Re-issued: 16 May 1991