The resolution, which requires all owners of boats used for passenger transport to have insurance, will come into effect at the end of January.
According to elnuevodiario.com.ni "the insurance has to cover the passengers and their luggage," said Manuel Mora, MTI Director of Water Transport, who revealed that throughout last year they kept in contact with Iniser to offer insurance services to the boat owners, "however since they do not see it as a profitable market, they never made any agreements."
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The International Merchant Marine Registry of Belize (IMMARBE) is under the Ministry of Finance, with its Head Office located in Belize City. The Registration of Merchant Ships Act, 1989 as amended in 1996 governs the merchant fleet.
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