Title 46 › Subtitle V — Merchant Marine › Part C — Financial Assistance Programs › CHAPTER 539 — WAR RISK INSURANCE › § 53901
Defines key words used in the chapter. "American vessel" means three kinds of boats: vessels documented under chapter 121, undocumented vessels owned, chartered, or made available to the U.S. Government, and tugs, barges, or craft owned by U.S. citizens used for essential water transport or fisheries (not sport fishing). "Cargo" includes loaded or empty containers. "Transportation in the waterborne commerce of the United States" includes fisheries (not sport fishing). "War risks," if the Secretary of Transportation decides, include losses excluded by insurance clauses against capture or seizure and losses from hostile acts like confiscation, expropriation, nationalization, or deprivation.
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Legislative History
Reference
Citation
46 U.S.C. § 53901
Title 46, Shipping
Last Updated
Sep 22, 2026
Release point: 119-110