EXECUTIVE ORDER NO. 403

: Executive Order No. 403 declares the municipal port of Larena, Subprovince of Siquijor, Oriental Negros, as a national port open to coastwise trade only.
: Executive Order No. 403 amends Executive Order No. 72, series of 1936.
: A 'national port' refers to a port that is recognized by the national government and is open for regulated trade and navigation under national jurisdiction.
: The municipal port of Larena is declared open to coastwise trade only, meaning it can only handle domestic sea trade between Philippine ports.
: Coastwise trade refers to transportation of goods or passengers between ports within the Philippines, excluding foreign trade.
: The legal effect is that only vessels and transactions that comply with coastwise trading laws can operate at the port; foreign vessels or international trade activities may be restricted.
: Executive Order No. 403 was signed on September 28, 1960.
: It subjects the port to national regulations for maritime operations, including trade activities, jurisdiction, and development policies, and impacts its operational scope.