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                                  NOTICES

                           DEPARTMENT OF COMMERCE

                              (Order No. 573)

   Resolution and Order Approving With Restriction the Application of the
                                  Board of
   Commissioners of the Port of New Orleans for Temporary Special-Purpose
                                  Subzone
        Status; Equitable Shipyards (Shipbuilding); New Orleans, LA

                           Friday, April 17, 1992


Proceedings of the Foreign-Trade Zones Board, Washington, DC.

Pursuant to the authority granted in the Foreign-Trade Zones Act of June 18,
1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board (the 
Board) adopts the following Resolution and Order:

The Board, having considered the matter, hereby orders:

After consideration of the application of the Board of Commissioners of the
Port of New Orleans, grantee of Foreign-Trade Zone 2, filed with the
Foreign-Trade Zones Board (the Board) on February 20, 1992, requesting 
temporary special-purpose subzone status on behalf of the Trinity Marine 
Group, Inc. (TMG), at the Equitable Shipyards shipbuilding facility, 
located in New Orleans, Louisiana, within the New Orleans Customs Port of 
Entry, for the completion of a vessel ("American Champion") currently being 
built under zone procedures at TMG'S shipyard in Escatawpa, Mississippi 
(Subzone 92A), the Board, finding that the proposal would be in the public 
interest, if approval were subject to a restriction requiring that any 
steel mill product, including plate, angles, shapes, channels, rolled steel 
stock, bars, pipes and tubes, not incorporated into merchandise otherwise 
classified, and which is used in manufacturing, shall be subject to Customs 
duties in accordance with applicable law, if the same item is then being 
produced by a domestic steel mill, approves the application, subject to the 
foregoing restriction,for a period ending April 1, 1994.

The approval is subject to the FTZ Act and the FTZ Board's regulations (as
revised, 56 FR 50790-50808, 10-8-91), including  400.28. The Secretary of
Commerce, as Chairman and Executive Officer of the Board, is hereby
authorized to issue a grant to authority and appropriate Board Order.

Grant of Authority for Temporary Subzone Status; Equitable Shipyards; New
Orleans, Louisiana

Whereas, by an Act of Congress approved June 18, 1934, an Act "To provide
for the establishment of foreign-trade zones in ports of entry of the United 
States, to expedite and encourage foreign commerce, and for other purposes," 
as amended (19 U.S.C. 81a-81u) (the Act), the Foreign-Trade Zones Board 
(the Board) is authorized to grant to corporations the privilege of 
establishing foreign-trade zones in or adjacent to U.S. Customs ports of 
entry;

Whereas, The Board's regulations (15 CFR part 400) provide for the
establishment of special-purpose subzones when existing zone facilities
cannot serve the specific use involved, and where a significant public
benefit will result;

Whereas, the Board of Commissioners of the Port of New Orleans, Grantee of
Foreign-Trade Zone No. 2, has made application (filed 2-20-92, FTZ Docket
3-92, 57 FR 6703, 2-27-92) to the Board on behalf of the Trinity Marine
Group, Inc., for authority to establish a temporary special-purpose subzone
at the Equitable Shipyards shipbuilding facility in New Orleans, Louisiana,
for the completion of the construction of a vessel ("American Champion");

Whereas, notice of said application has been given and published, and full
opportunity has been afforded all interested parties to be heard; and,

Whereas, the Board has found that the requirements of the Act and the
Board's regulations would be satisfied and that the proposal would be in
the public interest if approval were given subject to the restriction in
the resolution accompanying this action;

Now, therefore, the Board hereby authorizes the establishment of a
temporary subzone (until April 1, 1994), at the Equitable Shipyards
shipbuilding facility in New Orleans, Louisiana, designated on the records
of the Board as Foreign- Trade Subzone 2G, at the location described in the
application, subject to the restriction in the resolution accompanying this
action, and to the FTZ Act and the Board's regulations (as revised, 56 FR
50790-50808, 10-8-91), including  400.28.

Signed at Washington, DC, this 10th day of April 1992, pursuant to Order of
the Board.

Alan M. Dunn,

Assistant Secretary of Commerce for Import Administration, 
Chairman, Committee of Alternates, 
Foreign-Trade Zones Board.

(FR Doc. 92-8979 Filed 4-16-92; 8:45 am)