As posted in Facebook dated March 31,2026
RATES ADJUSTMENT NOTICE
Notice to Our Valued Clients,
The Maritime Industry Authority (MARINA) has issued supplemental contingency measures to help mitigate the impact of the ongoing Middle East crisis on the Philippine maritime industry, particularly in light of rising global fuel costs.
In MARINA Advisory No. 2026-15, released on 30 March 2026, the agency sets a maximum allowable increase of 30% on freight and passenger rates, based on the Required Rate Adjustment (RRA) as of 27 March 2026. This ceiling includes the initial 20% cap earlier provided under MARINA Advisory No. 2026-10. It should be noted that fuel prices have increased by around 152% from the 28 February level.
The issuance serves as a supplement to MARINA Advisory No. 2026-10 and takes effect immediately.
The Management
TRANS-ASIA SHIPPING LINES, INC.