[Federal Register Volume 60, Number 147 (Tuesday, August 1, 1995)]
[Notices]
[Page 39201]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-18791]



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DEPARTMENT OF TRANSPORTATION

Maritime Administration
[Docket S-923]


Mormac Marine Transport, Inc.; Notice of Application for 
Modification of Operating-Differential Subsidy Agreement, Contract MA/
MSB-295(c) and extension of subsidizable life of the MORMACSTAR and 
MORMACSUN

    By application dated July 10, 1995, pursuant to section 605(b) of 
the Merchant Marine Act, 1936, as amended (Act) Mormac Marine 
Transport, Inc. (Mormac) requests that the subsidized life of the 
MORMACSTAR and the MORMACSUN (Vessels) be extended to January 31, 1997. 
In addition, pursuant to Article II-25 of ODSA MA/MSB-295(c) Mormac 
requests that Article I-3(a) of ODSA MA/MSB-295(c) be modified to 
permit a subsidy sharing arrangement between the Vessels and the 
MORMACSKY.
    Mormac notes that the ODSA applicable to the MORMACSKY (MA/MSB-
295(c)) terminates on January 31, 1997. Without an extension of its 
subsidized life the MORMACSTAR would conclude its subsidized life on 
December 9, 1995 (MA/MSB-295(b)) and the MORMACSUN would conclude its 
subsidized life on June 22, 1996 (MA/MSB-295(c)).
    Extending the subsidized life of the Vessels and establishing a 
subsidy sharing arrangement will, according to Mormac, permit the 
Vessels to remain active participants in the U.S. foreign trade for one 
additional year and six additional months, respectively, while 
concurrently helping to ensure the employment of U.S. seafarers for 
this additional time. Mormac also points out that the Vessels would 
remain available for use in times of national emergency during the 
extended subsidizable life.
    Mormac contends that the Vessels are actively engaged in the 
international trade and well maintained. Neither is required to exit 
the trade as a single hull vessel until 2003. The public interest and 
the U.S. merchant marine, Mormac asserts, would be supported by the 
approval of its request.
    This application may be inspected in the Office of the Secretary, 
Maritime Administration. Any person, firm, or corporation having any 
interest in such application and desiring to submit comments concerning 
the application must file written comments in triplicate with the 
Secretary, Maritime Administration, Room 7210, Nassif Building, 400 
Seventh Street SW., Washington, D.C. 20590. Comments must be received 
no later than 5:00 p.m. on August 10, 1995. This notice is published as 
a matter of discretion and publication should in no way be considered a 
favorable or unfavorable decision on the application, as filed or as 
may be amended. The Maritime Administration will consider any comments 
submitted and take such action with respect thereto as may be deemed 
appropriate.

(Catalog of Federal Domestic Assistance Program No. 20.804 
(Operating-Differential Subsidies)).

    Dated: July 26, 1995.

    By Order of the Maritime Subsidy Board.
Joel C. Richard,
Secretary.
[FR Doc. 95-18791 Filed 7-31-95; 8:45 am]
BILLING CODE 4910-81-P