MARAD Study to Improve U.S.-Flag Competitiveness

Friday, October 15, 2010

The U.S. Department of Transportation’s Maritime Administration recently awarded a research contract to PricewaterhouseCoopers, LLC, of New York, to identify factors that significantly impact the ability of U.S.-flagged ship operators transporting goods to remain competitive.  Current maritime industry estimates appear to indicate that costs associated with operating these vessels under U.S. registry standards are approximately three times higher than those incurred by the international fleets.  The study will include an overview of existing conditions; comparison of the current state of U.S.- and foreign-registered fleets; the identification and evaluation of the factors and costs influencing registry preference from the perspective of U.S. owners of U.S.- and foreign-registered oceangoing vessels engaged in global maritime transportation; and the identification and recommendation of improvements to U.S. policies and regulations that may serve to increase ship-operator participation in the U.S.-flag fleet. 
 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

SSE Rolls Out Two Shipping Indices

Shanghai Shipping Exchange launched on Wednesday the "Belt and Road" shipping indices, tracking trade data and shipping freight rates under the initiatives of

Shanghai 6th Best Shipping Center Globally

Shanghai has moved up the rankings of the world’s top shipping centers to sixth place, surpassing Dubai thanks to Free Trade Zone regulations and the Belt and Road Initiative,

China Cosco Guides H1 Profits at $306mln

China Cosco Holdings, the flagship unit of Cosco Group, is expecting a net profit of Yuan1.9bn ($306m) for the first half, against the Yuan2.3bn loss during the same period last year.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1324 sec (8 req/sec)