FMC Releases Study On Virgin Islands Trade

The Federal Maritime Commission has prepared a Virgin Islands Trade Study. The report focuses upon both recent and anticipated ocean shipping developments in the trades between the U.S. Virgin Islands and the U.S. mainland, Puerto Rico, various Caribbean nations, Europe, and other trading partners.

The study includes a description of the U.S. Virgin Islands economy, fleet configuration in the Virgin Islands trade, a review of the region's ports and harbors, and an extensive economic analysis of the impact of ocean transportation on the Islands' economy.

The report also provides a comprehensive listing and discussion of the flow of various commodities in the Virgin Islands' foreign and domestic trade, as well as a detailed survey of the attitudes of Virgin Islands shippers toward the quality of the ocean transportation services they utilize.

FMC Chairman Richard J.

Daschbach o b s e r v e d that the study "should provide additional information required for enlightened regulation of the maritime industry serving the Virgin Islands." The Commission has previously published similar economic analyses of current and prospective conditions in the North Atlantic, North Pacific, Hawaiian and Alaskan trades. Copies of the "Virgin Islands Trade Study: An Economic Analysis" may be obtained by sending a check or money order for $8 to Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402. (Stock Number 014-000-00069-1)

Maritime Reporter Magazine, page 20, Jan 1980

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.