(First of two parts)

On Wednesday, the Maritime Industry Authority (MARINA) will be celebrating the 42nd anniversary of its creation. The establishment of MARINA through Presidential Decree No. 474 issued on June 1, 1974 by then President Ferdinand E. Marcos was grounded on the recognition of sea transport as vital to the growth of the Philippine economy. PD 474 was hailed as an innovative response to the problems besetting the maritime industry as to its adequacy and efficiency in transporting people and goods, undeniably the concern of any archipelagic country. This was heightened by the technological advances in communications and shipping which were rapidly being introduced and adopted across the globe.

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