Mysterious 'M/V Reset' Foreign Vessel Seeks Coastal Approval
Published Date: 4/23/2025
Notice
Summary
MARAD is checking if a foreign-built small passenger boat, the M/V Reset, can be used for U.S. coastal trips carrying up to 12 passengers. They want to hear from folks who might be affected, like U.S. boat builders and businesses using American-made vessels, before making a decision. If you have thoughts, now’s the time to speak up—this could impact who gets to sail where and when.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
U.S. Vessel Builders at Risk
If you build boats in the United States, MARAD is asking whether allowing the foreign-built M/V Reset to carry no more than twelve passengers for hire on U.S. coastal routes would hurt your business. MARAD is soliciting public comments to help decide if the proposed use would have an adverse effect on U.S. vessel builders.
Coastwise Businesses May Be Impacted
If your business uses U.S.-built vessels for coastwise trade, MARAD is asking whether the foreign-built M/V Reset carrying up to twelve passengers would have an adverse effect on your operations. MARAD is requesting comments from U.S. coastwise trade businesses before making a determination.
Foreign-Built Vessel Could Gain Access
If you operate or plan to operate the foreign-built M/V Reset, MARAD is considering whether it can be used in U.S. coastwise trade to carry no more than twelve passengers for hire. MARAD's decision, informed by public comments, could allow that vessel to run U.S. coastal passenger services.
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