REVISED AGE AND TONNAGE (OR BHP) LIMITATION AND CLASSIFICATION REQUIREMENTS OF VARIOUS VESSEL TYPES FOR INTERISLAND USE

Please be informed that the Maritime Industry Board, In its meeting
on 26 June 1986, has approved the following revised
guidelines/limitations in the importation or bareboat charter of vessels
for interisland use:

Type of Vessel	Minimum Size Limit	Maximum Age Limit
1.  Tugboats	1000 BHP	15 years
2.  Landing Ship Transport	500 G.T.	15 years
3.  Cargo/container/ ro-ro	500 G.T.	15 years
4.  Cargo Passenger	500 G.T.	15 years
5.  Passenger	5000 G.T.	15 years
6.  Ferry	500 G.T.	15 years
7.  Specialized	No restriction	No restriction
8.  Barges		Total restriction
9.  Pleasure crafts, except for tourism purposes		Total restriction

To ensure the safety of passengers, all passenger, cargo-passenger
and ferry vessels hereinafter acquired, either by importation or
bareboat charter, must be classed by an internationally recognized
classification society.  All other vessel types to be imported or
chartered shall be subject to the submission of the latest survey report
issued by a MARINA accredited surveying company or surveyed by MARINA
surveyors in appropriate cases.

The importation or bareboat charter of vessels for interisland use
beyond the size and age limitations hereinabove provided shall be
allowed only in extremely meritorious cases.

It is hereby understood that the foregoing provisions shall not apply
to the acquisition of fishing vessels and tankers which shall be
governed by existing guidelines.

This Circular shall take effect immediately.

Adopted: 1 July 1986

(SGD.) PHILIP S. TUAZON Administrator

(SGD.) HERNANDO B. PEREZ Minister of Transportation and Communication