[Federal Register Volume 62, Number 201 (Friday, October 17, 1997)]
[Notices]
[Page 54151]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27614]
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DEPARTMENT OF TRANSPORTATION
Maritime Administration
[Docket MSP-008]
Sea-Land Service, Inc.; Notice of Application To Increase Service
in the Non-Contiguous Domestic Trade for Puerto Rico
Sea-Land Service, Inc. (Sea-Land), by application dated October 1,
1997, has applied for an increase in the authorized level of the
service Sea-Land provides to the Commonwealth of Puerto Rico (Puerto
Rico), pursuant to section 656(d) of Subtitle B, Title VI, of the
Merchant Marine Act, 1936, as Amended (1936 Act). In support of its
application, Sea-Land has provided information related to the growth of
real gross product for the Commonwealth of Puerto Rico, as supplied to
Sea-Land by the Planning Board of the Office of the Governor of Puerto
Rico.
As originally approved, Sea-Land's authorized service level for
Puerto Rico was 230,612 Twenty-foot Equivalent Units (TEUs), as of
August 9, 1995. Based on increases in the gross product of Puerto Rico
for Fiscal Year (FY) 1996 (July 1, 1995 to June 30, 1996) Sea-Land has
asked for an additional 6,365 TEUs of authorized service. Based on
increases in Puerto Rico's gross product for FY 1997 (July 1, 1996 to
June 30, 1997), Sea-Land has asked for a second additional increase in
authorized service of 6,365 TEUs. Additionally, Sea-Land has requested
a third increase of 3,167 TEUs projected for the period July 1, to
December 31, 1997. In summary, Sea-Land is seeking an increase of
16,167 TEUs in the trade to a total of 246,779 TEUs. A summation of
Sea-Land's request is attached hereto as Table I.
Any person, firm or corporation having an interest in this
application for increased service authorization, and who desires to
submit comments concerning Sea-Land's application, is requested to
provide those comments to the Secretary, Maritime Administration, Room
7210, Nassif Building, 400 Seventh Street, S.W., Washington, D.C.
20590. Such comments must be filed in triplicate and received no later
than 5:00 pm Eastern Time November 17, 1997.
Dated: October 10, 1997.
By Order of the Maritime Administrator.
Joel C. Richard,
Secretary, Maritime Administration.
Sea-Land Service, Inc.; Requested Increases in Authorized Non-
Contiguous Domestic Service for the Commonwealth of Puerto Rico
Original Grandfather authorization as of August 9, 1995: 230,612 TEUs
For Fiscal Year 1996 (July 1, 1995 to June 30, 1996).
Gross Product for FY 1996: +3.1 Percent.
Proration, August 9, 1995 to June 30, 1996 = 326/366 Days (1996 was a
leap year) = .89
(.89) x (3.1) = 2.76 Percent.
Increase = (.0276) x (230,612) = 6,365 TEUs
Total for June 30, 1996 = 236,977 TEUs
For Fiscal Year 1997 (July 1, 1996 to June 30, 1997)
Gross Product for FY 1997: +2.8 Percent (Tentative)
Increase = (.028) x (236,977) = 6,635 TEUs
Total for June 30, 1997 = 243,612 TEUs
Projected Increase July 1, 1997 to December 31, 1997
Gross Product: +2.6 Percent (Projected)
July 1 to December 31=184 days 184/365 = .5
Proration, July 1 to December 31, 1997 = (.5) x (2.6) = 1.3 Percent.
Increase = (.013) x (243,977) = 3,167 TEUs
Total for December 31, 1997 = 246,779 TEUs
Total Requested Increase: 16,167 TEUs
[FR Doc. 97-27614 Filed 10-16-97; 8:45 am]
BILLING CODE 4910-81-P
