Marine Link
Saturday, October 22, 2016

Repair Duty Repealed

December 10, 2004

President George Bush has signed into law legislation repealing a four year old rule imposing a 50% duty on the cost of routine repairs and maintenance carried out by U.S. merchant mariners while their vessel is at sea. The elimination of the duty, which customs authorities have levied on US-flag carriers since April 2001, represents a victory for the domestic shipowning community. The community has lobbied hard against it since its introduction.

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

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