All Philippine Registered Ships (PRS) engaged in international voyage will be given more time to comply with the provision of financial security to any abandoned seafarer flying its flag, the labor department has announced.
In Department Order No. 181-A series of 2018, Labor Secretary Silvestre Bello III extended the grant of dispensation to all PRS for their compliance with the provision of said financial security.
“The extension will run until the Procedural Guidelines crafted by the Philippine Overseas Employment Administration (POEA) has been issued and become effective on or before March 31, 2018,” Bello said in the order.
The Department Order, Bello said, applies to all PRS engaged in international voyage holding a valid Maritime Labour Certificate, and likewise sets the cognizance of all Port State Control Officers.
Last year, Bello issued Department Order No. 181 that prescribes the policy guidelines on the provision of financial security by all PRS covered until December 31, 2017.
It was aimed to ensure that all seafarers are provided with expeditious and effective financial security system, in the form of either ‘insurance agreement or escrow agreement’ in the event of abandonment, and protection from the final consequences of sickness, injury or death occurring in connection with their employment.
The financial security provision is in compliance with the amendments implementing Regulations 2.5 or the Repatriation and 4.2 or Ship owners’ liability, and appendices of the Maritime Labour Convention (MLC, 2006).