H.R. 1240, the “Energizing American Maritime Act,” would require up to 30 percent of exports of liquefied natural gas and crude oil to travel on U.S.-flag vessels, his office said.
It is co-sponsored by Rep. John Duncan, R-Tenn.; and Rep. Duncan Hunter, R-Calif., who is the chairman of the Subcommittee on the Coast Guard and Maritime Transportation.
“The state of the American maritime industry is in crisis-level decline,” Garamendi said. “After World War II, our oceangoing fleet of U.S.-flagged ships numbered 1,200. Today, it’s fewer than 80. This isn’t just an economic concern – it’s also a national security risk. We can’t rely on foreign-flagged vessels to provide the necessary movement of strategic materials in a time of war. Requiring even a minority of strategic energy asset exports to be carried on U.S.-flagged ships will compel us to rebuild the technical skill to man these vessels – and with that comes good, high-paying maritime jobs.
“We’re the most powerful nation in the world, but 99 percent of our trade travels on foreign-flagged ships,” Garamendi added. “To develop the kinds of jobs that will keep the American economic engine moving, we need to right this ship and grow America’s maritime sector.”
Garamendi’s office said the legislation has strong support from the domestic maritime industry, with officials from the Marine Engineers’ Beneficial Association, the Navy League, the Seafarers International Union, Masters Mates and Pilots, and the Transportation Institute endorsing the legislation.
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.
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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