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46 CFR § 295.1 - Purpose.

---
identifier: "/us/cfr/t46/s295.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "46 CFR § 295.1 - Purpose."
title_number: 46
title_name: "Shipping"
section_number: "295.1"
section_name: "Purpose."
chapter_name: "MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "C"
subchapter_name: "REGULATIONS AFFECTING SUBSIDIZED VESSELS AND OPERATORS"
part_number: "295"
part_name: "MARITIME SECURITY PROGRAM (MSP)"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "46 App. U.S.C. 1171  46 App. U.S.C. 1114 (b), 49 CFR 1.66."
regulatory_source: "62 FR 37737, July 15, 1997, unless otherwise noted."
cfr_part: "295"
---

# 295.1 Purpose.

This part prescribes regulations implementing the provisions of subtitle B (Maritime Security Fleet Program) of title VI of the Merchant Marine Act, 1936, as amended, governing Maritime Security Program payments for vessels operating in the foreign trade or mixed foreign and domestic commerce of the United States allowed under a registry endorsement issued under 46 U.S.C. 12105.