Business Commons^™

Gross Benefit Estimates From Reductions In Allisions, Collisions And Groundings Due To Electronic Navigational Charts, Eric Wolfe, Percy Pacheco

Journal of Ocean and Coastal Economics

Nautical charts are a fundamental tool of marine navigation. Critical information provides for safe and efficient use of our waterways and for protection of our marine environment. NOAA nautical charts developed by the Office of Coast Survey (OCS) are mandatory on commercial ships that carry America’s foreign commerce. NOAA’s charts are also used on every Navy and Coast Guard ship, fishing and passenger vessels, and are widely carried by recreational boaters. They directly support NOAA’s goal to “promote safe navigation” and the Department of Commerce’s goal of promoting U.S. competitiveness in the global marketplace. Data from the Physical Oceanographic Real-Time …