German Shipowners Seek Clarity from Berlin on Carbon Trading
German shipowners' group VDR on Tuesday urged the Berlin government to provide legislation implementing European Union requirements to include the sector in the bloc's carbon trading system.The government is behind in transforming an EU agreement late in 2022 to require shipowners to buy EU carbon permits to trigger investment in greener technologies, into national legislation, VDR said at its annual press conference."For us, the cornerstone of our operations is not only planning certainty but also the assurance of uniform competitive conditions on an international scale…
Infrastrucure Bill: $2.5B Earmarked for Inland Waterways Construction and Rehab
By a vote of 228 to 206, the U.S. House of Representatives approved the Senate-passed H.R. 3684, Infrastructure Investment and Jobs Act (the bi-partisan Infrastructure Package). The bill is headed to the President to be signed into law.For the nation’s inland waterways system, a historic $2.5 billion of 100% federal funding is provided for construction and major rehabilitation inland waterways projects. In addition, Capital Investment Strategy (CIS) navigation projects will be given priority.
History and Overview of U.S. Cabotage Laws
The United States domestic maritime sector recently celebrated the 100th anniversary of the passage by Congress of the Jones Act. It is considered the most significant of various US cabotage laws. Few mariners though appreciate the long history of cabotage laws in this country.Cabotage laws here are older than our nation. The British Navigation Acts and its predecessors were designed to develop, promote, and regulate British ships, shipping, trade, and commerce between other countries and with its colonies, including the restriction of foreign participation in its colonial trade.
