TANKER operators and oil companies are holding off any action against Republic Act 9483 or the Oil Pollution Compensation Act until its implementing guidelines are released by the Maritime Industry Authority (Marina).

In a forum during last week’s Maritime Week celebration, the Philippine Petroleum Sea Transport Association (Philpesta) said, “It’s premature if we make our move now. We will make the necessary moves, including a court action, once the guidelines are released.”

RA 9483 seeks to implement the 1992 Civil Liability Convention and the 1992 International Oil Pollution Fund (IOPF) Convention. The law requires tanker operators to contribute P0.10 of freight to the oil pollution fund for every liter it delivers. It also obligates oil firms to contribute to the IOPF each time 150,000 tons of oil is delivered to them.

The tanker operators and oil firms are against the law which they describe as poorly crafted. They said it would ultimately increase oil prices, and affect all commodity prices.

Marina will soon forward the RA 9483 implementing rules to the office of Transport Secretary Leandro Mendoza for review.

You May Also Like

G6 to shrink Asia-North America capacity in winter

The G6 Alliance has announced temporary service suspensions in the Far East-North America trade as box lines adjust to the expected slow demand traditionally…

OOIL’s 2018 revenue, box volume grow but profit declines

Orient Overseas (International) Limited (OOIL) announced a lower profit for 2018 even as revenue and operating profit increased. In a statement on March 25,…

Marina targets zero marine incidents by 2025

The Maritime Industry Authority (Marina) is crafting a safety action plan as it aims for zero maritime accidents in the Philippines by 2025. “It’s…

Harbor Star wins contract to clean mooring facility

Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) has signed a deal to inspect and clean a petroleum company’s mooring facility every quarter,…