[Federal Register Volume 59, Number 100 (Wednesday, May 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12669]


[[Page Unknown]]

[Federal Register: May 25, 1994]


=======================================================================
-----------------------------------------------------------------------

FEDERAL MARITIME COMMISSION

46 CFR Part 552

[Docket No. 94-07]

 

Financial Reporting Requirements and Rate of Return Methodology 
in the Domestic Offshore Trades

AGENCY: Federal Maritime Commission.

ACTION: Proposed rule; extension of comment period.

-----------------------------------------------------------------------

SUMMARY: On April 7, 1994; (59 FR 16592), the Federal Maritime 
Commission published a proposed rule to, inter alia, amend its 
regulations governing financial reporting requirements and rate of 
return methodology applicable to vessel-operating common carriers by 
water in the domestic offshore trades to discontinue use of the 
comparable earnings test in determining the reasonableness of a 
carrier's return on rate base. In its place, the Commission proposes to 
use the weighted average cost of capital methodology. Matson Navigation 
Company requests an extension of the comment period. Its request is 
granted.

DATES: Comments due July 20, 1994.

ADDRESSES: Send comments (original and fifteen copies) to: Joseph C. 
Polking, Secretary, Federal Maritime Commission, 800 North Capitol 
Street, NW., Washington, DC 20573-0001, (202) 523-5725.

FOR FURTHER INFORMATION CONTACT:
Richard J. Kwiatkowski, Bureau of Trade Monitoring and Analysis, 
Federal Maritime Commission, 800 North Capitol Street NW., Washington, 
DC 20573-0001, (202) 523-5790.

C. Douglass Miller, Office of the General Counsel, Federal Maritime 
Commission, 800 North Capitol Street NW., Washington, DC 20573-0001, 
202-523-5740.
Joseph C. Polking,
Secretary.
[FR Doc. 94-12669 Filed 5-24-94; 8:45 am]
BILLING CODE 6730-01-M