May 23, 2003

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B03-40

The Maritime Administration (MARAD) has released its updated Public Port Finance Survey for FY 2001. The report, which was prepared by MARAD’s Office of Ports and Domestic Shipping, has been compiled for 24 years, first by the American Association of Port Authorities (AAPA) or a member port and now, for the fifth year, by MARAD. It contains financial data on maritime activities at ports, including income statement, balance sheet, outstanding bonds, debt service, sales offices, and cargo tonnage. Two additional sections cover (1) data on contributions, donations, and grants received in FY 2001, and (2) ratio analyses.

An electronic version is available on the agency’s website (http://www.marad.dot.gov) by following the "Publications & Statistics"/"Ports & Domestic Shipping" links. Printed copies of the report also are available from MARAD’s Office of Ports and Domestic Shipping, 400 Seventh Street, SW (Room 7201), Washington, DC 20590 [fax: (202) 366-6988 or email: ports.marad@marad.dot.gov].

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The mission of the U.S. Maritime Administration (MARAD) is to promote the development and maintenance of an adequate, well-balanced United States merchant marine, sufficient to carry the Nation's domestic waterborne commerce and a substantial portion of its waterborne foreign commerce, and capable of serving as a naval and military auxiliary in time of war or national emergency. MARAD also seeks to ensure that the United States enjoys adequate shipbuilding and repair services, efficient ports, effective intermodal water and land transportation systems, and reserve shipping capacity in time of national emergency.

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