U.S., Brazil Close To Shipping Pact

Wednesday, October 20, 1999
A shipping agreement which was expected to be signed last Wednesday between the U.S. and Brazil reportedly will provide equal access to government business and nullify two taxes that had penalized U.S.-line shippers, U.S. officials said. U.S. Transportation Secretary Rodney Slater, traveling in South America, said the three-year agreement would return U.S.-Brazil shipping to the "quality relationship" that had prevailed until recently for the last 30 years. Brazil apparently has agreed to drop a separate ship registry that had offered shippers tax breaks for doing business with Brazilian-registered ships. Also, it appears that the Brazilian government has agreed to waive additional taxes levied on goods shipped via U.S. lines because the Brazilian Congress had not ratified the last U.S.-Brazil maritime pact.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

UASC Shareholding States Vote to Back Hapag-Lloyd Merger

United Arab Shipping Company (UASC) said its six shareholding states backed a merger deal with German container shipping line Hapag-Lloyd AG at a meeting on Wednesday.

List: Top Five UK Ship Owners

Following last week's landmark referendum results, VesselsValue has compiled a list of the top five U.K.-based shipowners and their total fleet value in USD billions.

FMC's Doyle Addresses VGM Rules

U.S. Federal Maritime Commission (FMC) Commissioner William P. Doyle issued a statement on the upcoming implementation of the SOLAS Convention’s verified gross mass (VGM) requirements:   On Friday,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0825 sec (12 req/sec)