Ocean Shipping Reform Act Headed to President Biden’s Desk after Passing House

The U.S. House of Representatives has voted 369 to 42 to pass the Senate’s version of the bipartisan Ocean Shipping Reform Act, designed to give the government’s shipping competition commission greater authority to help U.S. exporters. President Biden has indicated he is eager to sign the bill into law.

The bill gives the Federal Maritime Commission greater authority to regulate certain ocean carrier practices and to promote the growth and development of U.S. exports “through a maritime system that is transparent, efficient, and fair.”

Read more in an article from gCaptain.