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MARAD, ABS Sign MOA for NDRF Class and Survey

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it has signed a new Memorandum of Agreement (MOA) with the American Bureau of Shipping (ABS), establishing policies and procedures for the survey and classification of MARAD’s National Defense Reserve Fleet (NDRF). The MOA establishes a charter that improves the timelines, efficiency and cost effectiveness for surveys and updates terminology, references and regulations.