46 USC 57505 - Employment of Vessels on Foreign Trade Routes
(a) In General.—The Secretary of Transportation shall arrange for the employment of the Department of Transportation's vessels in steamship lines on such trade routes, exclusively serving the foreign trade of the United States, as the Secretary determines are essential for the development and maintenance of the commerce of the United States and the national defense. However, the Secretary shall first determine that those routes are not being adequately served by existing steamship lines privately owned and operated by citizens of the United States and documented under the laws of the United States.
(b) Policy To Encourage Private Operation.—The Secretary shall have a policy of encouraging private operation of each essential steamship line now owned by the United States Government by—
(1) selling the line to a citizen of the United States; or
(2) demising the Secretary's vessels on bareboat charter to citizens of the United States who agree to maintain the line in the manner provided in this chapter.
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1665.)
Historical and Revision Notes
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|
| 57505(a) |
46 App.:1195 (1st sentence). |
June 29, 1936, ch. 858, title VII, §705 (1st, 2d sentences), 49 Stat. 2009; Pub. L. 97–31, §12(107), Aug. 6, 1981, 95 Stat. 163. |
| 57505(b) |
46 App.:1195 (2d sentence). |
|
Sections: 57306 57307 57308 57501 57502 57503 57504 57505 57506 57511 57512 57513 57514 57515 57516
Last modified: October 26, 2015