2025-07001NoticeWallet

Olive Marie sails in: another foreign vessel notice

Published Date: 4/23/2025

Notice

Summary

The Maritime Administration is asking for public comments on whether the foreign vessel M/V OLIVE MARIE should be allowed to operate in U.S. coastal trade, carrying up to 12 passengers. This decision could impact U.S. shipbuilders and businesses using U.S.-built vessels. Comments are open until May 23, 2025, so speak up if you have thoughts on this trade change!

Analyzed Economic Effects

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

Foreign small-passenger vessel may harm U.S. builders

MARAD is considering whether the foreign vessel M/V OLIVE MARIE may operate in U.S. coastwise trade carrying up to 12 passengers for hire. MARAD is asking for comments by May 23, 2025 on whether allowing this use would have an undue adverse effect on U.S. vessel builders or on coastwise trade businesses in the U.S. that employ U.S.-built vessels.

Foreign owner could gain coastwise endorsement

If MARAD determines that allowing M/V OLIVE MARIE to operate would not unduly hurt U.S. vessel builders or coastwise businesses, the U.S. Coast Guard may issue a coastwise trade endorsement allowing the vessel to carry no more than 12 passengers for hire. Interested parties may submit comments to docket MARAD-2025-0021 by May 23, 2025 to support or oppose that determination.

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Key Dates

Published Date
Effective Date
4/23/2025
5/23/2025

Department and Agencies

Department
Independent Agency
Agency
Transportation Department
Maritime Administration
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