World Shipping Council Displeased with Passage of Ocean Shipping Reform Act
The World Shipping Council criticized House passage of the Ocean Shipping Reform Act this week, saying the measure has been politicized and won’t fix the nation’s supply chain congestion issues. “The bill is a political statement of frustration with supply…
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chain challenges -- frustrations that ocean carriers share,” said John Butler, president of the council, which represents Maersk, Hapag-Lloyd and other major carriers. “The problem is that the bill is not designed to fix the end-to-end supply chain congestion that the world is experiencing, and it will not and cannot fix that congestion.” Butler said the council will continue to work with the Congress to “seek real solutions” for the ocean transportation system (see 2112070046). The Ocean Shipping Reform Act, passed by the House Dec. 8 (see 2112080075), has been lauded by shippers, who say the bill could help hold carriers accountable for unfair fees and declined export bookings (see 2108100011).