Title
Declares Larena Port national, for coastwise trade
Law
Executive Order No. 403
Decision Date
Sep 28, 1960
Executive Order No. 403 amends price regulations in the Philippines, setting new ceiling prices for various food products, including roasted ground coffee, condensed milk, raw coffee beans, and Peter's Cocoa, with immediate effect.
A

Scope of Port Operations

  • The port is designated to be open exclusively to coastwise trade.
  • Coastwise trade refers to the shipment of goods and passengers between ports within the Philippines.

Legal Authority and Effectivity

  • The declaration is made under the powers vested in the President of the Philippines by law.
  • The order was signed by President Carlos P. Garcia and became effective on September 28, 1960, in Manila.

Administrative Endorsement

  • The Executive Secretary, Natalio P. Castillo, countersigned the executive order.

Significance

  • Declaring the port as a national port implies its recognition and regulation under national maritime policies.
  • Restriction to coastwise trade ensures that the port serves domestic shipping needs and excludes foreign trade operations.

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