There are certain specific regulations that United States law has in place for the sake of domestic commerce. In the interest of prioritizing American vessel-owners and United States-built vessels, for example, the Maritime Administration has certain protections in place to regulate who has primer access to commerce between domestic ports. It’s because of this that…
The MARAD waiver is a Maritime Administration mechanism meant for foreign-built vessels. After all, the Jones Act requires that the vessels operating in coastwise commerce be built domestically whenever possible. The MARAD small vessel waiver program recognizes that foreign-built vessels can also contribute to American commerce, which is why it grants waivers to certain vessels…
Do you have a vessel that you aren’t sure what to do with? Is there a vessel in your possession that you think may be foreign-built but you still want to see how you can use it in a commercial capacity legally? If you’ve looked at our FAQ and some of our other blogs, then…
Are you wondering the steps you need to take if your vessel was built abroad and you want to use it for commercial purposes? Then this might be the right article for you. We will explain to you everything you need to know about the Marad waiver. Let us now show you “the 5W”. What…
There is a significant probability that you are familiar with the MARAD Waiver if you are a yacht owner in the United States. But to be more specific, what is it? And do you have to apply to get it? In this article, we will respond to all the questions you have concerning the MARAD…
If you are one of the estimated fifteen million people in America lucky enough to own one, you must be aware of the many restrictions and regulations you have to adhere to along the way. One of the issues you have to resolve, to name one, is the use you will give to your vessel.…