[Federal Register Volume 61, Number 26 (Wednesday, February 7, 1996)]
[Notices]
[Page 4706]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-2586]
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DEPARTMENT OF TRANSPORTATION
Maritime Administration
[Docket S-931]
Mormac Marine Transport, Inc.; Notice of Application for Payment
of Unused Operating-Differential Subsidy
On December 22, 1993, the Maritime Administrator permitted Mormac
Marine Transport, Inc. (Mormac) to separate its Operating-Differential
Subsidy Agreement (ODSA), Contract MA/MSB-295 into three distinct
contracts. Mormac would operate the MORMACSTAR under Contract MA/MSB-
295(a), with a termination date of December 9, 1995; the MORMACSUN
under Contract MA/MSB-295(b), with a termination date of June 22, 1996;
and the MORMACSKY under Contract MA/MSB-295(c), with a termination date
of January 31, 1997.
Mormac is currently requesting extension or renewal of Contract MA/
MSB-295(a), which terminated on December 9, 1995, and Contract MA/MSB-
295(b), which terminates on June 22, 1996, to permit the use of unused
subsidy days through the termination of Contract MA/MSB-295(c) on
January 31, 1997.
Mormac advises that it has more than 2,842 days of unused subsidy
on Contracts MA/MSB-295(a), 295(b), and 295(c), which accrued prior to
the termination of Contract MA/MSB-295(a) on December 9, 1995.
Mormac states that on September 14, 1995, the Maritime Subsidy
Board approved Mormac's request to extend the subsidizable life of the
MORMACSTAR and MORMACSUN to January 31, 1997, the termination date of
MA/MSB-295(c) on the MORMACSKY. Mormac advises that approving its
request to use unused subsidy days through this date would permit
Mormac to receive the full benefit of subsidy for the entire
subsidizable life of the vessels.
Mormac also states that extending the terms of the ODSAs to permit
the use of unsubsidized days would permit continued operation of U.S.-
flag vessels in the foreign trade and continued employment of U.S.
seafarers. According to Mormac, the extension of the ODSAs is therefore
consistent with the purposes and policies of the Merchant Marine Act,
1936, as amended.
This application may be inspected in the Office of the Secretary,
Maritime Administration. Any person, firm or corporation having any
interest in such request 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 February 21, 1996. The Maritime Subsidy Board
will consider any comments submitted and take such action with respect
thereto as may be deemed appropriate.
(Catalog of Federal Domestic Assistance Program No. 2.804 Operating-
Differential Subsidies)
Dated: February 1, 1996.
By Order of the Maritime Subsidy Board.
Joel C. Richard,
Secretary.
[FR Doc. 96-2586 Filed 2-6-96; 8:45 am]
BILLING CODE 4910-81-P
