India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
File Photo: Unkas Photo / Shutterstock
The International Propeller Club of the United States has requested that Congress appropriate $3.5 billion for the relief and support of the U.S. maritime industry during the COVID-19 pandemic.
Niels Aalund, International President, contacted the leadership of the U.S. House of Representatives and the U.S. Senate to let them know about the impact that the coronavirus has had on the maritime community.
“The men and women in the U.S. maritime industry have risked their health and lives, and those of their family members, to keep commerce moving during this pandemic including shipping medical supplies, food, and other vital commodities that consumers and manufacturers require,” said Aalund.
Meanwhile, costs have increased for employers for additional cleaning and protective health equipment, according to Aalund.
“Our members, such as pilots, mariners, and stevedores, have been laid off or furloughed. Meanwhile other members continue to meet U.S. national security needs and support military operations overseas,” said Aalund. “Yet to date, no funding has been provided for the men and women that work in the U.S. marine transportation system.”
The International Propeller Club supports providing a minimum of $1.5 billion to U.S. port authorities with $2 billion provided to the rest of the U.S. maritime industry.
“It can take decades to recover from bankruptcies and layoffs in this industry. With your help the U.S. maritime industry will survive the pandemic with the capacity to meet our nation’s future needs and stimulate economic growth.” Aalund concluded.
(c) Copyright Thomson Reuters 2020.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 108,983 members that receive our newsletter.
Have a news tip? Let us know.
Maritime and offshore news trusted by our 108,983 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up