MarAd publishes final rule for new MSP program
The U.S. Maritime Administration has published its final rule to implement provisions of the 2003 Maritime Security Act, a replacement to the 10-year-old Maritime Security Program.
This program provides the Defense Department with access to militarily useful commercial U.S.-flag container and roll-on/roll-off vessels in times of war and national emergency. Vessel operators participating in the program receive an annual payment from the government.
For more information about the final rule, effective Nov. 21, access the Federal Register online at http://a257.g.akamaitech.net/7/257/2422/01jan20051800/edocket.access.gpo.gov/2005/05-18678.htm.