Section 3
SEC. 3. The Maritime Industry Authority is authorized and directed: to study devise means by which importers and exporters of the Philippines can be induced to give preference to vessels of Philippine registry and those owned or controlled, or chartered by Philippine nationals, with the assistance of other government offices, agencies and instrumentalities as well as Philippine shipping lines; to recommend such measures as it may deem necessary to the appropriate government authorities to implement the policies and objectives herein set forth; to promulgate appropriate rules and regulations for the effective implementation of this decree; and d. to serve as central coordinating agency in the implementation of this decree.