We know of no vessel operating under the protection of U.S. cabotage laws that would be adversely affected by the grant of this waiver. nor do we believe anyone is likely to want to build a comparable sailing vessel in a U.S. shipyard or any shipyard for that matter. Consequently. the entry of the Norden into the domestic cruise trade can result only in a positive effect on employment and other benefits accruing from the profitable utilization of a maritime resource. The amendment to this bill. which permits a corporation to continue to validly operate vessels under the U.S. flag even though its president is at this time a noncitizen. is carefully crafted to limit its application to a specific case. The vessel documentation laws require that. among other things. where a corporation is the citizen owning U.S.-flag vessels. the corporations president or chief executive officer and the chairman of its board must be citizens of the United States. We have become aware of an inadvertence by one such corporation.
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noncitizen