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Trade Endorsements - Definition
Trade Restrictions - Definition
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Vessel Documentation Coastwise Endorsement

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BoatWiki - Definitions

Definition


A coastwise trade endorsement in USCG vessel documentation terms can be defined as an entitlement to engage in certain designated activities within U.S. waters. These basically include the transportation of passengers or merchandise , dredging, towing, and any other operations where a registry or fishery endorsement is not required.

Meaning


Trade protection laws in the United States closely regulate the conditions under which vessels may conduct certain commercial operations within territorial waters. Such rules primarily relate to where the vessel was constructed and the owner's citizenship status.

Context


USCG vessel documentation is required for vessels that engage in certain commercial activities within the United States. They must furthermore meet special requirements related to the type of activity involved. Compliance with such qualifications are manifested as trade endorsements as shown of the vessel's certificate of documentation.

Conclusion


Penalties for non-compliance with vessel documentation requirements can prove very costly and may even lead to impoundments. Owners of commercial vessels who are unsure of such regulations may wish to seek professional assistance in determining the appropriate trade endorsements.

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Credits and References

7/19/2022 - Page initiated by Team BoatWiki.




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