MARAD Waiver

What is the MARAD Waiver and How to Apply?

There are certain specific regulations that United States law has in place for the sake of domestic commerce. In the interest of prioritizing American vessel-owners and United States-built vessels, for example, the Maritime Administration has certain protections in place to regulate who has primer access to commerce between domestic ports. It’s because of this that certain vessel-owners whose ships were not built in the United States can have trouble gaining access to these trade routes. Don’t worry, however, because, in anticipation of these problems, there are ways for these owners to obtain waivers for these restrictions and participate in domestic commerce with their foreign vessel. This will involve what is known as the MARAD waiver which, in turn, relates to the Jones Act and the Merchant Marine Act of 1920.


Link to full article HERE.