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Home » New Legislation May Lead to Cargo Opportunities for U.S. Vessels

New Legislation May Lead to Cargo Opportunities for U.S. Vessels

June 13, 2012
Maritime Executive

As the President has implemented a plan to double American exports, this legislation aims to give thousands of American businesses the necessary means to sell more of their services and products overseas. More importantly, the Department of Transportation feels that the Ex-Im Bank legislation will lead to more cargo opportunities for U.S.-flagged ships, as well as better jobs for our merchant mariners.

The Maritime Administration has been in favor of the Ex-Im Bank because the exports that it supports add to the cargo volume for the U.S.-flagged merchant fleet. For example, on June 1st, an American flagged ship left the Port of Milwaukee with cargo bound for international export for the first time since the 1980s.

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Keywords: Legal, Govt. & Regulatory Issues, Global Supply Chain Management, Ocean Transportation, Transportation & Distribution, Third-Party Logistics, Logistics, SC Finance & Revenue Mgmt., Technology, financing American exports, credit for US businesses to export

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SC Finance & Revenue Management Technology Regulation & Compliance Global Supply Chain Management Logistics Logistics Outsourcing Ocean Transportation Pharmaceutical/Biotech Transportation & Distribution
KEYWORDS credit for US businesses to export financing American exports Global Supply Chain Management Govt. & Regulatory Issues Legal Logistics Logistics Outsourcing Ocean Transportation Pharmaceutical/Biotech Regulation & Compliance SC Finance & Revenue Management SC Finance & Revenue Mgmt. Technology Third-Party Logistics Transportation & Distribution
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