🚢Request Notice on Foreign-Built Vessel Impact on U.S. Trade
Request Notice: Use of Foreign-Built Small Passenger Vessel in United States Coastwise Trade, M/V Mastermind
Summary
The Secretary of Transportation, as represented by the Maritime Administration (MARAD), is authorized to make determinations regarding the coastwise use of foreign built; certain U.S. built; and U.S. and foreign rebuilt vessels that solely carry no more than twelve passengers for hire. MARAD has received such a determination request and is publishing this notice to solicit comments to assist with determining whether the proposed use of the vessel set forth in the request would have an adverse effect on U.S. vessel builders or U.S. coastwise trade businesses that use U.S.-built vessels in those businesses. Information about the requestor's vessel, including a description of the proposed service, is in the SUPPLEMENTARY INFORMATION section below.
Agencies
- Transportation Department
- Maritime Administration
Business Impact
$$ - Med
The notice indicates a request for comments on the use of a foreign-built vessel in U.S. coastwise trade, which could impact U.S. vessel builders and businesses relying on U.S.-built vessels. This regulatory action may lead to shifts in competition and opportunities within the maritime industry, necessitating feedback from business stakeholders.