BUDGET/ALLOCATION
  • Title/Date Filed: House Bill No. 3952
    An Act to Ordain and Institute the Maritime Code of the Philippines
    (Filed November 23, 2001)
    Status: Waiting for Position Papers for concerned agencies
    Main Features:
    - This bill seeks to update and modernize our maritime law in the Code of Commerce to keep up with international maritime law and practices, taking into consideration recommendations of the Comite Maritime International
    - Title I embodies the policy of allowing foreign ships leased by citizens of the Phils. to be registered temporarily in the Phils.; Title II is a codified version of the CMI draft which is based on 1976 Brussels Convention, with some modifications; Title III governs domestic common carriers and international carriage; Title IV is basically based on the British Insurance Act of 1906 to complement Marine Insurance already inputted in the Maritime Code; Title V or Maritime Frauds is intended to have extraterritorial effects since such frauds are usually committed outside the country's jurisdiction; Title VI incidents of collisions and General Average and Salvage; Title VII takes up liability of shipowner and limiting it to an alternative lower amount if the value of vessel is less than that fixed in the Convention; and Title VIII provides for Arbitration to encourage resolution of maritime disputes by experts

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