Regulacje i polityka gospodarcza · 12.09.2001

Vessel Documentation: “Sold Foreign”

The Coast Guard seeks comments from the public on its interpretation of the term "sold foreign". Its current interpretation may disqualify from eligibility for coastwise trade certain vessels whose ownership has become "foreign" in technical ways. Some affected parties feel that this interpretation imposes a harsh penalty for slight, often unintended foreign involvement while others feel that it just preserves the privilege of coastwise trade for the domestic fleet.