ODS 5


ODS 5 : Operating-Differential Subsidy: Established by the Merchant Marine Act of 1936, it was a direct subsidy paid to U.S.-flag operators to offset the high operating cost of U.S.-flag ships when compared to foreign-flag counterparts. Contracts between U.S.-flag vessel operators and the Maritime Administration have expired. The ODS program has been replaced by the Maritime Security Program
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