BULK CARRIER PROGRAM PLAN
Due to the increased importance and continued growth of dry bulk trade, a program is presented to satisfy the established requirements for dry bulk carriers. Obsolescence of the U.S. dry bulk fleet has prevented it from capitalizing on the increased imports of raw materials and semi-processed goods. A target fleet is hypothesized for planning purposes; the specific number of ships and their designs are dependent upon support applications and availability. U.S. flag bulk ships would require government support to compete on equal terms with comparable ships under foreign flags. Program financing is done by fixed-sum construction and operating supplement. Program emphasis is on commercial requirements to achieve a minimum freight rate by lowering construction and operating costs and achieving maximum feasible cargo carrying capability.
- This document is available for review at the Department of Commerce Library, Main Commerce Building, Washington, D.C., under reference number M-3-B.
Maritime Administration1200 New Jersey Avenue, SE
Washington, DC USA 20590
- Publication Date: 1969-7
- Features: Figures; Tables;
- Pagination: 78 p.
- TRT Terms: Bulk carriers; Competition; Construction; Dry bulk cargo; Dry bulk carriers; Foreign; Imports; Operating subsidies; Subsidies
- Uncontrolled Terms: International competition
- Subject Areas: Administration and Management; Construction; Marine Transportation;
- Accession Number: 00027212
- Record Type: Publication
- Source Agency: Maritime Administration
- Files: TRIS, USDOT
- Created Date: Jun 15 1973 12:00AM