🚢Notice on Foreign Vessel Use in U.S. Coastwise Trade
Request Notice: Use of Foreign Vessel in U.S. Coastwise Trade, M/V OLIVE MARIE
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
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The notice involves a review of coastwise trade impacts related to the use of a foreign vessel, which may affect U.S. shipbuilders and businesses using U.S.-built vessels. This indicates regulatory compliance needs and potential economic implications for the industry.