US MARITIME - CAN IT COMPETE

This article compares the competitiveness as a result of maritime policies of two modern American privately owned fleets employed in transporting cargoes in international maritime commerce by deep draft ocean-going vessels. The first fleet flies the U.S. flag and is primarily in containership liner service. The second fleet flies one of four foreign flags and is mainly in the bulk trades. The fleet is American owned, and identified as ''effective U.S. controlled'' (EUSC).(1) U.S. government policies have resulted in economic costs to these American fleets that their foreign competitors do not carry.