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Understanding the United States Federal Maritime Board and Its Legacy
Definition & Meaning
The United States Federal Maritime Board was a federal agency that operated under the U.S. Department of Commerce from 1950 until its dissolution in 1961. Its primary role was to oversee and regulate merchant shipping, which included managing subsidies for the construction and operation of merchant vessels. The Board was formed after the U.S. Maritime Commission was abolished, with its responsibilities divided between the Federal Maritime Board and the U.S. Maritime Administration.
Table of content
Legal Use & context
The Federal Maritime Board played a significant role in the regulation of maritime commerce in the United States. It was involved in legal matters related to shipping regulations and subsidies. Legal professionals may encounter references to the Board in historical contexts or when discussing the evolution of maritime law, particularly in relation to the current Federal Maritime Commission and MARAD. Users can manage certain maritime-related legal forms through platforms like US Legal Forms, which provide templates for various maritime regulations.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
(hypothetical example) A shipping company applying for a subsidy for a new vessel during the time the Federal Maritime Board was operational would have submitted its application to the Board for approval. After the Board's dissolution, such applications would now go to the Federal Maritime Commission.
Relevant laws & statutes
Key legislation includes:
Section 304 of 1961 Reorganization Plan No. 7, which abolished the Federal Maritime Board.
5 USCS § 903 note, which outlines the transition of functions to the Federal Maritime Commission and the Secretary of Commerce.
Comparison with related terms
Term
Definition
Difference
Federal Maritime Commission
The current federal agency responsible for regulating ocean transportation.
It replaced the Federal Maritime Board after its dissolution in 1961.
U.S. Maritime Administration (MARAD)
The agency that promotes the U.S. merchant marine and maritime industry.
It handles the promotional aspects of maritime operations, unlike the regulatory focus of the Federal Maritime Commission.
Common misunderstandings
What to do if this term applies to you
If you are involved in maritime shipping or related activities, it's essential to understand the current regulatory framework established by the Federal Maritime Commission. For those needing to complete forms or applications related to maritime operations, consider using US Legal Forms for ready-to-use templates. If your situation is complex, seeking professional legal assistance may be beneficial.
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The Federal Maritime Board was abolished in 1961, and its responsibilities were transferred to the Federal Maritime Commission and the U.S. Maritime Administration.
The Federal Maritime Commission is the primary regulatory body for maritime shipping in the United States.
While the Board no longer exists, you can find relevant maritime forms through the Federal Maritime Commission or legal form services like US Legal Forms.