2025-06997NoticeWallet

M/V Mastermind: Foreign Flotilla Eyes American Coastal Cash Cow

Published Date: 4/23/2025

Notice

Summary

The Maritime Administration is asking for public comments on whether a foreign-built small passenger vessel, the M/V Mastermind, should be allowed to operate in U.S. coastal trade. This decision affects U.S. boat builders and businesses using U.S.-built vessels, with comments due by May 23, 2025. The goal is to make sure this won’t hurt American shipbuilders or coastal businesses before giving the green light.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Possible harm to U.S. shipbuilders

MARAD is asking for comments on whether the foreign-built small passenger vessel M/V Mastermind (authorized to carry no more than 12 passengers for hire) should be allowed to operate in U.S. coastwise trade. The agency will decide if allowing this vessel would have an adverse effect on U.S. vessel builders or on U.S. coastwise trade businesses that use U.S.-built vessels. Comments on the docket (MARAD-2025-0028) are due by May 23, 2025.

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Key Dates

Published Date
4/23/2025

Department and Agencies

Department
Independent Agency
Agency
Transportation Department
Maritime Administration
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