Submarine cable vessels granted relief from duties

THE Bureau of Customs (BoC) said it is granting temporary relief on duties for foreign vessels laying and repairing submarine cable. In Customs Administrative Order No. 02-2026, the BoC outlined the framework for the temporary admission of all foreign-owned and foreign-registered International Cable-Laying and Repair Vessels (ICLRVs). The specialized ships will be classified as professional […]