Ten Points to Rationalize and Restart the United States Maritime Industry


Piecemeal and stopgap measures added to existing and increasingly cumbersome and antiquated laws are not working to foster strong US merchant marine foreign trade fleets and domestic fleets which are essential to the international and internal economy.

Trade requires transport and the most efficient form of transport is by water. Indeed, some 94% of all international trade is by water. International export trade was valued by the World Trade Organization for the United States in 2012 at $3,882.7 billion, of which approximately 95% was carried by ships.

International trade is the foundation of our national security. Hence a vital, strong, modern and competitive merchant marine is essential to international trade and, therefore, domestic trade.

Please see full white paper below for more information.

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Topics:  Economic Development, Federal Maritime Commission, Job Creation, WTO

Published In: International Trade Updates, Maritime Updates, Transportation Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© John A. C. Cartner, Cartner & Fiske, LLC | Attorney Advertising

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