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Search Results: keywords:"product carrier scarcity"

  • H.R. 7081, known as the “Protecting Access to American Products Act,” is a proposed law that aims to create a process to temporarily waive the coastwise endorsement requirements for shipping. This waiver can be granted when there is a shortage of available vessels, known as product carriers,...

    Simple Explanation

    H.R. 7081 is a plan to make it easier for ships to move things when there aren't enough ships available. If someone asks for a special rule to let their ship help out, the government has to decide yes or no within 60 days, and Congress gets a note when this happens.