Amended Guidelines on Vessel Acquisition for Domestic Trade

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MIA MEMORANDUM CIRCULAR NO. 81: Amended Guidelines on Vessel Acquisition for Domestic Trade

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Title Source: Supreme Court: Amended Guidelines on Vessel Acquisition for Domestic Trade

Law: Mia Memorandum Circular No. 81

Decision Date: Nov 8, 1993

MIA Memorandum Circular No. 81 establishes updated guidelines for the acquisition of vessels for domestic trade, allowing vessels of any age and size (excluding wooden-hulled) to be imported or chartered by accredited shipping companies, while outlining insurance requirements and operational authorizations.

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