Hunt & Associates P.C.

Mar 13, 2017

Another Stab at Cargo Preference for the U.S. Merchant Marine

Cargo ShipThere are approximately 50,000 merchant ships engaged in international trade, transporting every kind of cargo.[1]  Fewer than 200 of those ships fly the American flag.[2]  What is left of the U.S. merchant marine is heavily dependent on cargo preference laws; i.e., federal statutes which mandate that shippers transport certain cargos on U.S. flag vessels.  For example, any military cargo shipped by sea must be carried in a U.S. flag ship.  Other laws mandate … Read more