Law Summary
Liability of Ship Agents
- Liability of ship agents, general agents, and tramp agents governed under the Philippine Code of Commerce.
- Tramp agents are explicitly excluded from liability for the ship owner's, charterer's, or carrier's obligations to shippers or receivers.
- Tramp agents have a duty to assist shippers or receivers in making cargo liability claims against the ship owner, charterer, or carrier.
- Failure or refusal by tramp agents to fulfill this duty may lead to administrative sanctions as per Implementing Rules and Regulations by MARINA and PSB.
Repealing Clause
- Any laws, decrees, executive orders, rules, and regulations inconsistent with this Act are amended or modified accordingly.
Effectivity
- The Act takes effect fifteen (15) days after its publication in two national newspapers of general circulation.