'
‘
-
e
ve
:
2am the te a bE stagti.
tions as he may prescribe, noncitizens
to engage in economic activity within
the Territory provided such activity
would not restrict opportunities for
economic advancement of Territory
citizens.
Citizens and noncitizens desiring to
incorporate
in
the
Territory
must
comply with section 1118 of the Code
which enumerates the bare minimum
of information which the articles of
incorporation must contain. Upon
approval of the articles of incorporation and bylaws, the High Commissioner, pursuant to section 1116, may
issue a charter.
All power facilities are provided by
the Territory Government.
Chapter 9
TRANSPORTATION AND
COMMUNICATIONS
Transportation and Communications are vital elements in the Admin-
istering Authority’s program for im-
proving the welfare of Micronesians
and for developing a viable economy
in the Territory.
Maritime Transportation
As a vital support service, trans-
portation plays a key role in accomplishing the Administration's goals for
68
i ‘Se
a
the Trust Territory. we
and expansion of the transportation
system, particularly in the maritime
area, must go hand-in-hand with cap!f
&
ital improvement and other develop.
mental programs. Past efforts to!
improve maritime transportation have,
not been particularly impressive, but.
steps are being taken to improve,
service and acquire new vessels.
The Territorial Government owns
three major logistic vessels which have
been operated since 1965 on contract
by the United Tanker Corporation of”
New York. This corporation has a
charter from the Government estab-:
lishing a local corporation, Micro
nesian Line, which operates these®
vessels: the M/V Palau Islander, M/V,
Gunner's Knot and M/V_ Pacific,
Islander. Micronesian Line, during the
year under review, purchased a fourth :
te
Under section 1100(b) the High
Commissioner is given authority to
license, upon such reasonable condi-
,
gee
Territory Code. Under section
110Q(a}, the district administrator
grants. business permits to citizens of
the Territory, except where the district
administrator determines the public
interest would be jeopardized.
ale
vessel, the M/V Majuro, which began,
service in December 1967.
Twenty-three Micronesians :‘
serving in a licensed officer capacity
aboard the four vessels. Of the four
Micronesians who completed training®
at the Philippine Maritime Academy §
during the year, three are assigned tog
the logistic vessels and one to terminal &
operations
in
Ponape.
One otherg
Micronesian continues training at the §
Academy.
In March 1968, the Administration #
began negotiations with several ship ¥
ping lines for a new, 10-year contract
for operation of the Trust Territory’s
logistic shipping. At year’s end, several B
bidders were competing for the mari-§
time contract; improved shipping ¥
service for the Territory, including &
direct service from the United States}
will resuit.
Local Micronesian companies operate the fleet of Government-owned
Part VI-Economic Advancement
“%
V7