MIA MARINA ADVISORY NO. 2009-04, February 18, 2009
MARINA CIRCULAR 2009-01 ON THE “RULES GOVERNING THE MANDATORY MARINE INSURANCE TO COVER LEGAL LIABILITIES ARISING OUT OF ANY MARITIME RELATED ACCIDENTS”
above-mentioned Circular was approved during the MARINA Board Meeting
held on 04 February 2009 and took effect on 05 February 2009, requiring
all shipowners operating any type of ships, 20 GT and above, including
wooden hulled ships 35 GT and above, for hire or compensation in the
domestic trade, and tankers which require coverage as stipulated in MC
184, to secure a mandatory marine insurance to cover above liabilities.
The concerned shipowners/operators are given until 20th February
2009 to secure the required P & I cover or submit an Oath of
Undertaking stating that compliance is currently being undertaken by the
shipowner with either the National Mutual Protection and Indemnity
Associations of the Philippines, Inc. or with the Protection and
Indemnity Associations which are Members of the International Group of P & I Clubs, to avail of the ninety (90) day extension to comply with
the Circular.
Failure to submit such Oath of Undertaking by 20 February 2009 will
subject the shipowners/operators to sanction and penalties under the
said Circular.
Adopted: 18 Feb. 2009
(SGD.) COL. PRIMO V. RIVERA (DSC), PHD
Deputy Administrator for Operations and Officer-in-Charge