2026-07193NoticeWallet

Foreign 'Bansho' Vessel Seeks U.S. Coastal Trade Approval

Published Date: 4/14/2026

Notice

Summary

The U.S. Department of Transportation’s Maritime Administration is asking for public comments on whether a foreign-built small passenger vessel, the M/V BANSHO, should be allowed to operate in U.S. coastal trade. This decision could affect U.S. shipbuilders and businesses using American-made vessels. Comments are open until May 14, 2026, so now’s the time to weigh in!

Analyzed Economic Effects

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

Potential Harm to U.S. Shipbuilders

If you are a U.S. vessel builder or a U.S. coastal business that uses U.S.-built vessels, MARAD is asking whether the foreign-built M/V BANSHO (a small passenger vessel authorized to carry no more than 12 passengers for hire) should be allowed in U.S. coastwise trade. MARAD is seeking comments through May 14, 2026, on whether allowing this use would have an adverse effect on U.S. vessel builders or coastwise trade businesses that employ U.S.-built vessels.

Possible Coastwise Endorsement for M/V BANSHO

If MARAD determines that allowing the foreign-built M/V BANSHO would not adversely affect U.S. vessel builders or coastwise trade businesses, the U.S. Coast Guard may issue a certificate of documentation with a coastwise trade endorsement so the vessel can operate in U.S. coastal trade carrying up to 12 passengers for hire. Interested parties may submit comments on this request through May 14, 2026.

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Key Dates

Published Date
Comments Due
4/14/2026
5/14/2026

Department and Agencies

Department
Independent Agency
Agency
Transportation Department
Maritime Administration
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