THE size of the Philippines’ overseas fleet, or vessels licensed for commercial operations outside the Philippines, in 2016 was virtually unchanged from a year earlier, according to data released by the Maritime Industry Authority (Marina) on December 16.

The size of the Philippines’ overseas fleet is expected to grow moderately in the next few years with increased trade from the Asean region. PHOTO: CEBU KEPPEL SHIPYARDS
The size of the Philippines’ overseas fleet is expected to grow moderately in the next few years with increased trade from the Asean region. PHOTO: CEBU KEPPEL SHIPYARDS

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