Barry Parker

1 week ago | seatrade-maritime.com | Barry Parker

As part of the SHIPS for America Act there is a goal for 250 US-flag and built vessels trading internationally in 10 years-time. The two components of the SHIPS act- actually the SHIPS for America Act and the Building SHIPS in America Act, are wide-ranging. Analysts at tanker broker and market expert Poten & Partners, in an Opinion piece, offered that: “The depth and breadth of the SHIPS Act shows the ambitions of the US to boost its maritime industry.

2 weeks ago | seatrade-maritime.com | Barry Parker

With much fanfare, the SHIPS FOR AMERICA Act was re-introduced into the United States Senate on Wednesday. The bill sponsored by Senator Mark Kelly (Dem-Arizona) and Todd Young (Rep-Indiana), is set to be entered into the House of Representatives by Congressmen Trent Kelly (Rep- Mississippi) and John Garamendi (Dem-California) on Thursday. It follows on President Donald Trump’s early April Executive Order “Restoring America’s Maritime Dominance”, where a Maritime Action Plan was laid out.

3 weeks ago | seatrade-maritime.com | Barry Parker |Gary Howard

On the eve of the Good Friday holiday, the United States Trade Representative (USTR), issued its determination of Section 301 tariffs related to “…targeted action to restore American shipbuilding and address China’s unreasonable acts, policies, and practices to dominate the maritime, logistics, and shipbuilding sectors.” The recommendations follow a year long investigation, which culminated in a request for comments—drawing almost 600 responses—and two days of hearings earlier this month.

4 weeks ago | seatrade-maritime.com | Barry Parker

Three months into the Trump administration, experts on energy are still grappling with what might happen going forward, in the face of US policy dictates, international politics, and uncertainties pervading in the broader energy markets.

1 month ago | seatrade-maritime.com | Barry Parker

President Donald Trump’s Executive Order (EO) “Restoring America's Maritime Dominance” was perhaps best summarised in a brief by law firm Holland & Knight which described it as “…heavy on high-level, ambitious policy plans but light on details,” adding that “Those looking for immediate directions from the White House may be disappointed as the EO instead sets forth a number of requirements for development of various plans, strategies, policies and reports.” The EO cites the President’s...