Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions
The National Shipping Company of Saudi Arabia (Bahri) and the Saudi Iron & Steel Company (Hadeed) have signed a Letter of Intent (LOI) to explore potential cooperation in maritime transport to meet Hadeed’s Iron Ore shipping needs.The LOI, signed in Riyadh, states that both parties intend to discuss mechanisms for utilizing Bahri capabilities to meet Hadeed’s maritime transport requirements. This collaboration aims to explore potential joint opportunities between Bahri and Hadeed…
US Legislation Introduced to Reauthorize Federal Maritime Commission
U.S. Representative Dusty Johnson (R-S.D.) introduced legislation to reauthorize the Federal Maritime Commission (FMC), the independent federal agency responsible for regulating the U.S. international ocean transportation system.“Ocean shipping is a critical aspect of America’s national, food, and economic security. That’s why our Federal Maritime Commission must be equipped with the proper tools to keep the industry operating above bar,” said Johnson. “Ocean shipping is integral to our economy, from farmers to phones, critical minerals to cars. I’m proud to lead this legislation with Rep.
