Maritime Promotion: Hearings Before the Subcommittee on Merchant Marine of the Committee on Merchant Marine and Fisheries, House of Representatives, One Hundredth Congress, Second Session, on H.R. 1088 ... H.R. 2462 ... H.R. 3297 ... H.R. 3537 ... H.R. 3808 ... March 17, 30, and April 13, 1988

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Page 202 - Except as provided in subsections (b) and (c) of this section, it shall be unlawful for any contractor receiving an operating-differential subsidy under title VI or for any charterer of vessels under title VII of this Act, or any holding company, subsidiary, affiliate, or associate of such contractor or such charterer, or any officer, director, agent, or executive thereof, directly or indirectly to own, charter, act as agent or broker for, or operate...
Page 192 - States prior to such date; (2) the applicant owns, or can and will build or purchase, a vessel or vessels of the size, type, speed, and number and with the proper equipment required to enable him to operate and maintain the service, route, or line in such manner as may be necessary to meet competitive conditions...
Page 204 - ... shall own, operate, or charter any vessel or vessels engaged in the domestic intercoastal or coastwise service, or own any pecuniary interest, directly or indirectly, in any person or concern that owns, charters, or operates any vessel or vessels in the domestic intercoastal or coastwise service, without the written permission of the Commission.
Page 200 - SEC. 610. An operating-differential subsidy shall not be paid under authority of this title on account of the operation of any vessel which does not meet the following requirements: (1) The vessel shall be of steel or other acceptable metal, shall be propelled by steam or motor, shall be as nearly fireproof as practicable...
Page 318 - Commission that proportion of onetwentieth of the construction-differential subsidy paid for such vessel as the gross revenue derived from the domestic trade bears to the gross revenue derived from the entire voyages completed during the preceding year.
Page 153 - Commission to be essential for the promotion, development, expansion, and maintenance of the foreign commerce of the United States...
Page 199 - States registry in such service, route, or line is inadequate, and that in the accomplishment of the purposes and policy of this act additional vessels should be operated thereon...
Page 192 - Commission unless it determines that (1) the operation of such vessel or vessels in such service, route, or line is required to meet foreign-flag competition and to promote the foreign commerce of the United States...
Page 205 - Commission finds it will result in unfair competition to any person, firm, or corporation operating exclusively in the coastwise or intercoastal service or that it would be prejudicial to the objects and policy...
Page 153 - ... cannot be maintained except at a heavy loss disproportionate to the benefit accruing to foreign trade, the number of sailings and types of vessels that should be employed in such lines, and any other facts and conditions that a prudent...

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