Foreign Passenger Boat Eyes U.S. Coastal Trade Waiver
Published Date: 4/23/2025
Notice
Summary
MARAD is checking if a foreign-built small passenger boat called M/V Mastermind can work in U.S. coastal trade without hurting American boat builders or businesses. They want your thoughts before deciding! If you’re involved in U.S. boat building or coastal trade, this could affect you soon.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Foreign-built vessel under review
The Maritime Administration (MARAD) is asking for public comments on whether the foreign-built small passenger vessel M/V Mastermind can be used in U.S. coastwise trade. MARAD is specifically evaluating if the vessel’s proposed use (it would carry no more than twelve passengers for hire) would have an adverse effect on U.S. vessel builders.
Coastwise operators may be affected
MARAD is seeking comments to decide whether the M/V Mastermind’s use in U.S. coastwise trade would adversely affect U.S. coastwise trade businesses that use U.S.-built vessels. If MARAD allows the foreign-built vessel, it could affect businesses that rely on U.S.-built small passenger vessels for hire.
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