Marina eyes incentives for shipowners with review of domestic shipping act
September 25, 2023 https://www.portcalls.com/marina-eyes-incentives-for-shipowners-with-rev...
The Maritime Industry Authority (MARINA) is eyeing incentives for shipowners and shipbuilders as it reviews the Domestic Shipping Development Act of 2004 (Republic Act No. 9295).
The incentives under the law, signed in 2004, had a 10-year sunset provision, thus expiring in 2014.