Foreign Bansho Boat Seeks Spot in U.S. Passenger Trade
Published Date: 4/14/2026
Notice
Summary
The government is asking for your thoughts on letting a foreign-built small passenger boat, the M/V BANSHO, operate in U.S. coastal waters carrying up to 12 paying passengers. This decision could affect U.S. boat builders and businesses that use American-made vessels. If you want to share your opinion, make sure to comment by May 14, 2026!
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Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Potential Harm to U.S. Boat Builders
MARAD is asking whether allowing the foreign-built small passenger vessel M/V BANSHO to operate in U.S. coastwise trade carrying no more than 12 paying passengers would have an undue adverse effect on U.S. vessel builders or U.S. coastwise trade businesses that use U.S.-built vessels. Comments on this potential adverse effect are due by May 14, 2026.
Possible Approval to Operate Foreign-Built Vessel
Under 46 U.S.C. 12121(b), if MARAD determines the foreign-built M/V BANSHO would not unduly harm U.S. builders or coastwise businesses, the U.S. Coast Guard may issue a coastwise trade endorsement allowing the vessel to carry up to 12 passengers for hire in U.S. coastal trade. That determination is the subject of this notice and public comments are requested by May 14, 2026.
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