Sec. 105. Federal Maritime Commission report on vessels of the United States
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/bill/119/hr/3151/ih/section-105·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Federal Maritime Commission shall annually submit a report to the Maritime Security Board and the appropriate committees of Congress evaluating the competitiveness of vessels of the United States in foreign commerce. The Maritime Security Board shall utilize the findings of such report to inform the National Maritime Strategy under section 50114 of title 46, United States Code, and other activities of the Board. The report shall include— metrics concerning carriage of foreign commerce on vessels of the United States; information about the price parity of carriage of foreign commerce on vessels of the United States versus foreign vessels (as defined in section 110 of title 46, United States Code) by market; identification of markets of opportunity for the United States to compete in foreign commerce where rates are in relative parity to vessels of the United States; markets in which United States interests paid above average rates for foreign commerce, including with foreign and domestic carriers; and an assessment of the foreign vessel registries of peer competitor countries to determine— the roles of the governments of peer competitor countries in their vessel registry processes, including policy practices that may provide a disadvantage to the United States; the sizes of the fleets of foreign vessels registered with such countries, including how many of such foreign vessels are domestically built and how many are built in other countries; and the price parity of vessels of the United States, as compared to foreign vessels registered with peer competitor countries that are operating in global markets identified as a priority by the Federal Maritime Commission.