Independent journal on economy and transport policy
16:54 GMT+1
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The US Senate has approved the rules on maritime transportation adversated by the World Shipping Council
The WSC believes, however, that the text is better than the one passed in the House
March 23, 2022
On Thursday, the U.S. Senate Commerce, Science and Transport Commission approved the Ocean Shipping Reform Bill, a bill that has already been cleared by the House of Representatives and is strongly endorsed by the World Shipping Council (WSC), the U.S. Senate said. the association that represents the world's leading containerized shipping companies. "The Commission is aware that these ocean shipping companies are making record profits," said Senator Maria Cantwell, president of the European Commission, in a statement. In 2021 they made profits of 150 billion and it is expected that in the first quarter of this year, the volume of imports by sea will increase by more than 30% percent. " Referring to the American Farm Bureau Federation's vehement protests by American farmers, according to which unreasonable practices put in place by maritime carriers would hurt the competitiveness of American exports, Cantwell has specified that " our farmers do not want special treatment. They simply do not want to be exploited in the name of record profits. "
For the WSC, on the other hand, the bill is founded on totally incorrect grounds in that it reiterated for the umpteenth time the association repeating the motivations given by the shipping companies to justify the supply of supply. chain-the problems are not generated by the maritime part of the logistics chain, how much from the land. "The Americans continue to import goods at record levels, so much so that U.S. ports and the logistics workforce on the ground are not able to handle all the loads," he said. Maritime carriers have deployed all the ships and all available containers and are handling more cargo than at any time in history, but ground traffic jams in the USA keep ships locked out of US ports. "This import congestion is also reducing the capacity and the necessary spaces to ensure the uninterrupted flow of US exports," the WSC said.
If the World Shipping Council is distinctly opposed to the introduction of this legislation, however, it has expressed less concern about the text approved by the Senate Commission. According to the association, in fact, " in fact, the House bill would worsen existing congestion. In comparison, the Senate bill, despite the fact that it involves some of the same risks of unintentional negative consequences, provides regulators with sufficient authority to obtain a correct final law. "
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On Thursday, the U.S. Senate Commerce, Science and Transport Commission approved the Ocean Shipping Reform Bill, a bill that has already been cleared by the House of Representatives and is strongly endorsed by the World Shipping Council (WSC), the U.S. Senate said. the association that represents the world's leading containerized shipping companies. "The Commission is aware that these ocean shipping companies are making record profits," said Senator Maria Cantwell, president of the European Commission, in a statement. In 2021 they made profits of 150 billion and it is expected that in the first quarter of this year, the volume of imports by sea will increase by more than 30% percent. " Referring to the American Farm Bureau Federation's vehement protests by American farmers, according to which unreasonable practices put in place by maritime carriers would hurt the competitiveness of American exports, Cantwell has specified that " our farmers do not want special treatment. They simply do not want to be exploited in the name of record profits. " 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
