### Question
What is the definition of new vessel?


### Answer
The definition of **new vessel** is as follows in *46 U.S.C. § 57301*:

> a vessel—


(A) constructed under this subtitle and acquired within 2 years after the date of completion

#### Citation:
  - *46 U.S.C. § 57301*
  - Heading: **Subtitle V-Merchant Marine > Part F-Government-Owned Merchant Vessels > CHAPTER 573-VESSEL TRADE-IN PROGRAM**

