Republic Act No. 9295 on the Domestic Shipping Development Act of 2004. Country/Territory Philippines Document type Legislation Date 2004 Source FAO, FAOLEX Long titleAn Act Promoting the Development of Philippine Domestic Shipping, Shipbuilding, Ship Repair and Ship Breaking, Ordaining Reforms in Government Policies Towards Shipping in the Philippines, and for other purposes. Subject Sea Keyword Legal proceedings/administrative proceedings Authorization/permit Credit Environmental fees/charges Harbour Inspection Navigation Offences/penalties Subsidy/incentive Royalties/fees Geographical area Asia, Asia and the Pacific, East Asian Seas, North Pacific, South-Eastern Asia Entry into force notes This Act enters into force 15 days after its publication. Abstract This Act, consisting of 27 sections divided into ten Chapters, establishes the requirements for carrying out the Domestic Shipping in the maritime water under the jurisdiction of Philippine. The Act establishes in particular the financial aspect to be put in place to have a competitive domestic merchant fleet owned and controlled by Filipinos or by corporations at least 60% of the capital of which is owned by Filipinos and manned by qualified Filipino officers and crew. The Act is divided as follows: General Provisions; Investment incentives; Deregulation of the Domestic Shipping Industry-Authority of the Maritime Industry Authority; Rates; Compulsory Insurance Coverage; Prohibited Acts and Practices; Fees, Fines and Penalties; Shipbuilding and Ship Repair; Transitory and Final Provisions. Full text English Website marina.gov.ph References - Legislation Implemented by Revised Rules and Regulations implementing Republic Act No. 9295 on Domestic Shipping Development Act. Legislation | Philippines | 2009 Keyword: Legal proceedings/administrative proceedings, Authorization/permit, Credit, Environmental fees/charges, Harbour, Inspection, Navigation, Offences/penalties, Subsidy/incentive, Royalties/fees Source: FAO, FAOLEX