April 1977 - Maritime Reporter and Engineering News

MarAd Publication Shows Foreign-Flag Ships Owned By U.S. Companies

The Maritime Administration has released a publication titled "Foreign Flag Merchant Ships Owned by U.S. Parent Companies," which is for sale for $1.30 per copy from the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C.

20402.

The report lists foreign-flag merchant ships of 1,000 gross tons and over owned, either directly or through a foreign subsidiary, by companies located and incorporated in the U.S. as of December 31, 1975.

At the close of 1975, there were 739 such vessels registered under foreign flags, aggregating 16.5 million deadweight tons, an increase of 5 percent in number and 12 percent in tonnage from the previous year. Approximately 71 percent of those were tankers, 18 percent bulk carriers, and 11 percent freighters.

Part I of this 69-page publication contains a summary of foreign- flag vessels currently owned by U.S. parent companies and their overseas affiliates, showing vessel type, number of ships and tonnage. Also shown is a name listing of all ships, by owner, providing details on flag, country where built and other characteristics.

Part II lists vessels on order or under construction, indicating the type of vessel, the owner, country of intended registry, and other pertinent vessel characteristics.

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