Determination of Fair and Reasonable Guideline Rates for the Carriage of Bulk and Packaged Preference Cargoes on U.S.-Flag Commercial Vessels

The regulations at 46 CFR part 382 prescribe the administrative procedures and methodology for determining fair and reasonable rates for the carriage of dry and liquid bulk and packaged preference cargoes on United States commercial cargo vessels. MARAD proposes to amend those regulations to prescribe cost averaging as the methodology used for determining rates and to implement conforming procedural changes. MARAD also intends to request approval of a reduced information collection under these regulations.