Shipping & Transport - Mexico
New maritime regulations published
Contributed by M & L Estudio Legal May 06 2015
On March 4 2015 new regulations under the Maritime Law 2006 were published.
The regulations are comprehensive, covering numerous aspects of maritime activity in respect of national and international matters, including:
Only Mexican shipping companies with 51% Mexican investment capital are allowed to register Mexican-flagged vessels to undertake cabotage trade. The vessels must be owned by the shipping company or operated under a finance lease agreement.
In the absence of Mexican-flagged vessels, under Article 40 of the Maritime Law foreign shipowners are allowed to obtain a special temporary permit of cabotage for foreign-flagged vessels. This temporary permit will not be required for tourism services, maintenance and port construction and dragage. A permit will also not be required for vessels of extraordinary technical specifications (to be determined by a special committee).
A foreign shipowner wishing to apply for a special permit of cabotage navigation will need to file a petition before the Merchant Marine Direction, attaching the following documents:
New maritime regulations published
Contributed by M & L Estudio Legal May 06 2015
On March 4 2015 new regulations under the Maritime Law 2006 were published.
The regulations are comprehensive, covering numerous aspects of maritime activity in respect of national and international matters, including:
-
marine insurance (including protection and indemnity clubs);
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merchant marine;
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flagging requirements;
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the Maritime Public Registry;
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ship agents;
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merchant marine education;
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national and international navigation;
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marine inspections and surveys;
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classification societies;
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certifications;
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shipyards and naval construction;
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salvage;
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navigation safety;
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oil pollution;
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pilotage;
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towage; and
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nautical tourism.
Only Mexican shipping companies with 51% Mexican investment capital are allowed to register Mexican-flagged vessels to undertake cabotage trade. The vessels must be owned by the shipping company or operated under a finance lease agreement.
In the absence of Mexican-flagged vessels, under Article 40 of the Maritime Law foreign shipowners are allowed to obtain a special temporary permit of cabotage for foreign-flagged vessels. This temporary permit will not be required for tourism services, maintenance and port construction and dragage. A permit will also not be required for vessels of extraordinary technical specifications (to be determined by a special committee).
A foreign shipowner wishing to apply for a special permit of cabotage navigation will need to file a petition before the Merchant Marine Direction, attaching the following documents:
-
certification of its legal existence as shipowner at its place of business;
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safety certifications applicable to the vessel, insurance policies and third-party liability; and
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identification of crew members and operative personnel of the vessel.
Temporary permits for cabotage navigation will be issued for three-month terms, with the possibility of an extension of up to two years, after which the vessel will need to be flagged under the Mexican flag.
Author
Juan Carlos Merodio Lopez
Juan Carlos Merodio Lopez
For further information on this topic please contact Juan Carlos Merodio at M & L Estudio Legal by
telephone (+52 55 5207 1187) or email (j.merodio@ml-estudiolegal.com.mx). The M & L Estudio
Legal website can be accessed at www.ml-estudiolegal.com.mx.
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The materials contained on this website are for general information purposes only and are subject to the disclaimer.
ILO is a premium online legal update service for major companies and law firms worldwide. In-house corporate counsel and other users of legal services, as well as law firm partners, qualify for a free subscription. Register at www.iloinfo.com.
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