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    New fees help agency hike revenue
    By VG Cabuag
    Reporter

    THE local shipping industry’s regu- latory body expects to earn more revenue since it plans to impose cargo load fees and other dues on vessels to improve its finances.

    According to the Maritime Industry Authority (Marina), the agency’s revenues will go up by 15 percent once tonnage dues, which are fees charged depending on the size of a ship, are collected from all operators.

    The Marina board, chaired by the Secretary of the Department of Transportation and Communications (DOTC), is expected to approve the imposition of the tonnage fees early this month.

    According to a Marina draft circular, the government is set to collect an across-the-board tonnage fee of P25 per gross tonnage, or a minimum of P150 per ship.  The order, which was supposed to be approved last year, would apply to all vessels, save for fishing vessels of three gross tons and below, operators of which would remit its taxes to its respective local government units.

    “Annual tonnage fees shall be assessed on the total GT [gross tonnage] as of the end of December of the year immediately preceding the calendar year. A minimum payment, however, must cover the tonnage fee for at least one [1] ship,” the draft document said. “Issuance of the applicable license or authority shall be issued only [when] due payment of the tonnage fee and surcharge is made.”

    The matrix of fees issued by Marina in 2005 prescribed varied fees depending on the type of a vessel.

    For its part, the Commission on Audit, in its annual audit report
    last year, has asked
    Marina to seek other funding activities that would replace the supervision fees, which was repealed by the Domestic Shipping Development Act of 2004 or RA 9295.

    Earlier, Vicente Suazo Jr., Marina administrator, admitted that the agency lost P38 million a year when the supervision fees were no longer collected.

    For 2005, Marina posted total revenues of P203.54 million, lower that P215.62 million posted the previous year. The agency incurred losses of P37.17 million in 2005, according to its audited financial statement.

    Marina, which generates funds of about P200 million a year, relies on its annual budget from national government allocations, which has to be passed by Congress. All its revenues are remitted to the national government for allocations to other agencies.

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