President Ferdinand Marcos Jr. signs into law the Magna Carta for Seafarers which contains the controversial ‘execution bond.’ The law aims to protect the rights and welfare of Filipino seafarers around the world.
Full story: https://www.rappler.com/philippines/overseas-filipinos/marcos-signs-magna-carta-seafarers-into-law/
Full story: https://www.rappler.com/philippines/overseas-filipinos/marcos-signs-magna-carta-seafarers-into-law/
Category
🗞
NewsTranscript
00:00President Ferdinand Marcos Jr. signs into law the Magna Carta for Seafarers, which contains
00:06the controversial execution bond.
00:09The law aims to protect the rights and welfare of Filipino seafarers around the world.
00:13The law covers various seafarer rights from fair working conditions, right to self-organization
00:18and collective bargaining, and protection against discrimination, among others.
00:22It also contains provisions for women seafarers, including protection from gender-based discrimination.
00:28The third bicameral version, which Marcos signed, has the contentious provision on execution
00:32bonds, which rights groups say benefit shipowners and manning agencies.
00:37Under the provision, in monetary disputes, undisputed amounts and damages will only be
00:41awarded once the decision is final.
00:43During the appeal period, seafarers must post an execution bond, which will only be reimbursed
00:49if they win the case.
00:50The concerned seafarers of the Philippines vow to continue to fight the execution bond.