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.

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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.

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.

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.

Quick facts

Attribute Details
Established 1950
Disbanded 1961
Successor Agency Federal Maritime Commission
Primary Focus Regulation of merchant shipping

Key takeaways

Frequently asked questions

The Federal Maritime Board was abolished in 1961, and its responsibilities were transferred to the Federal Maritime Commission and the U.S. Maritime Administration.