Boat Named 'Retained Earnings' Seeks U.S. Coastwise Trade Waiver – WTF?
Published Date: 4/23/2025
Notice
Summary
The Maritime Administration is asking for public comments on whether a foreign-built small passenger boat, the M/V RETAINED EARNINGS, should be allowed to operate in U.S. coastal trade. This decision affects U.S. boat builders and businesses using U.S.-built vessels. Comments are due by May 23, 2025, so speak up if you have thoughts on this!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Foreign-built boat may compete with U.S. builders
MARAD is considering a request to allow the foreign-built small passenger vessel M/V RETAINED EARNINGS to operate in U.S. coastwise trade carrying no more than 12 passengers for hire. MARAD invites comments (Docket MARAD-2025-0020) from U.S. vessel builders and coastwise trade businesses, and comments are due by May 23, 2025. Interested parties may submit evidence that allowing this vessel would have an undue adverse effect on U.S. vessel builders or businesses that use U.S.-built vessels.
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Key Dates
Department and Agencies
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