Financial

Maritime Administration

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Maritime Administration

Also called MARAD. A branch of the U.S. Department of Transportation that provides and maintains ships for use during times of national emergency. MARAD also supports military operations when requested and determines sea routes best suited for American maritime commerce.
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References in periodicals archive
The Maritime Administration is working with the CNO's staff to determine the right type of ships to buy, the right quantity to buy and when to phase them in, he said.
Mammadov added that the State Maritime Administration attaches great importance to the improvement of legislation governing maritime administration.
The course was open to all personnel involved in the audit process from maritime administrations tasked to prepare for the implementation of VIMSAS by conducting internal audits.
The Shipping Chamber would like to express the sincere appreciation of the Shipping Industry to the Maritime Administration and all the Governmental Authorities that worked conscientiously towards the achievement of this big success for Cyprus Shipping, and now aspires to the fast and unhindered adoption by the Cyprus Parliament through a relative Bill, of this very promising for the Cyprus Economy, approval by the European Commission.
When the ships become obsolete, the Maritime Administration arranges for their disposition.
Port Pelican, a subsidiary of ChevronTexaco, received a Deepwater Port License from the Maritime Administration to construct, own and operate the facility last year.
States were asked to send applications to the Maritime Administration, which will decide where it will go.
In America two environmental groups have filed lawsuits against the US Maritime Administration, saying the American government is avoiding federal laws by allowing the ships to be scrapped overseas.
Last week, a federal judge blocked the government from moving nine of 13 ships planned to be taken to Teesside and scrapped, saying the US Maritime Administration had not done environmental studies as required by law.
Maritime Administration owns and maintains to meet surge-shipping requirements for the Department of Defense.
Maritime Administration report, most of that cargo, by value, includes electronic circuits, batteries and data processing machines.
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