Shipowners prepare for ban on Filipino officers
Philippine training and certification system said to have failed EU audit
INTERNATIONAL ship managers and shipowners are working on contingency measures in anticipation of a ban on Filipino officers by European Union-flagged vessels.
These precautions are being applied in the wake of reports circulating in Brussels and Manila that the Philippine's maritime training and certification system failed the latest European Maritime Safety Agency (EMSA) audit held last October.
One option being explored, which would allow the continued employment of Filipino officers notwithstanding the ban, is to immediately extend the validity of existing Certificates of C…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales