The number of foreign ships that enter U.S. ports is significantly affected by the MARAD waiver. Because of this program, foreign-flagged boats are exempt from some of the strictest regulations for entering U.S. waters, which makes it simpler and more suitable for such vessels to port in our nation. Ship owners that urgently need to…
Who Can Apply to the MARAD Small Vessel Waiver Program and How?
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…
How the MARAD Waiver Helps Owners Keep Their Ships in the US
The ownership of a yacht that is rarely used presents unique challenges. There are a lot of expenses and duties involved in maintaining a boat, and it can be hard to tell if it’s worth it when you can only use it for a fraction of the year. When you factor in the expensive cost…
What You Need to Know About the MARAD Waiver
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…
Marad Small Vessel Waiver: What Is It and Why Do You Need it
We take pride in saying that the United States is a free country and the Marad Waiver is no exception. Our country has certain regulations in place that benefit domestic commerce. To prioritize American vessel-owners and home-built boats, the Maritime Administration has certain protections to regulate who has access to commerce between domestic ports. Vessel…
What Is the MARAD Waiver, and How Can You Qualify for It
The MARAD Waiver program of the Maritime Administration is a critical tool for American shipowners and operators, allowing them the operational flexibility and assistance they need to make necessary adjustments to their operations. It is important for shippers who are worried about the effect of this waiver program on the piers they use to keep…