According to the U.S. Department of Transportation (USDOT) website, the Maritime Administration (MARAD) “promotes development and maintenance of an adequate, well-balanced, United States merchant marine, sufficient to carry the nation’s domestic waterborne commerce and a substantial portion of its waterborne foreign commerce, and capable of serving as a naval and military auxiliary in time of war or national emergency.”
In addition, MARAD is charged with ensuring that the U.S. has “adequate...