In February, the Senate Foreign Relations Committee unanimously approved the treaty, which the full Senate is expected to ratify. Drawn up in 1982, the Law of the Sea treaty gives each nation that has coastlines control over an exclusive economic zone extending 200 miles out to sea. It regulates navigation and fishing, and protects ecosystems in all oceans. The treaty, which as been approved by 145 nations thus far, also establishes an International Seabed Authority to oversee mining operations on the ocean floor.
The Law of the Sea treaty has drawn support from the shipping industry, the U.S. Navy, the U.S. State and Commerce departments, the oil and gas industry, fishermen and environmentalists, groups which are often at odds on other issues.
Frist's plans for additional consideration are likely to delay a Senate floor vote until nearer the end of the present legislative session. 'Frist could get this thing ratified in a hurry if he put his mind to it,' The New York Times noted in an editorial Monday. 'But what really seems to be holding him up are election-year fears, which the White House apparently shares, of arch-conservatives who regard the treaty as a whole and the seabed authority in particular as threats to America's sovereignty.'
'By codifying what is now only custom, by enlarging the Navy's access to strategically important waterways, and by creating regulatory certainty for mining interests, the Law of the Sea treaty would strengthen American sovereignty,' the Times said.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now