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Statement of Chairman Louis E. Sola – Registries Must Close Rolls to Shadow Fleet Vessels
Pariah regimes use shadow fleets to evade sanctions, generate revenue, and by extension, maintain power. In 2022 and 2023, the Islamic Republic of Iran generated more than $100 billion from energy exports. Cutting off the…
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Commissioner Vekich Attends TPM25
Commissioner Max Vekich attended the Journal of Commerce’s TPM25 conference, held March 2-6, 2025, in Long Beach, CA. During his trip, Commissioner Vekich met with key executives from ocean carriers, marine terminal operating companies, non-vessel-operating…
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Commissioner Maffei Speaks to Agricultural Exporters at Transportation Go!
Federal Maritime Commission (FMC) Commissioner Daniel B. Maffei traveled to Minneapolis, MN earlier this month to address attendees of Transportation Go!, an annual conference sponsored by the Specialty Soya and Grains Alliance (SSGA) hosting agricultural…
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Chairman Sola Meets with Danish Ambassador
Federal Maritime Commission Chairman Louis E. Sola met Monday with Ambassador of Denmark to the United States Jesper Moller Sorenson. The two discussed strengths of the bilateral U.S.-Denmark relationship as well as a variety of…
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Statement of Chairman Louis E. Sola: Speech at AAPA Legislative Summit to Highlight FMC Agenda & Priorities
I am looking forward to addressing the 2025 American Association of Port Authorities Legislative Summit later this month and highlighting issues of interest and concern. Seaports are vital economic engines providing benefits to Americans well…
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Statement of Chairman Louis E. Sola: Chinese Maritime Influence and Iran’s Shadow Fleet Threaten Global Trade Stability
The Federal Maritime Commission (FMC) regularly participates in the Global Maritime Regulatory Summit with counterparts from the European Union and the People’s Republic of China to discuss competition issues related to the shipping industry. Over…
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Statement of Chairman Louis E. Sola on Using a U.S. Sovereign Wealth Fund to Protect the Panama Canal
The increased presence and influence of the People’s Republic of China in Panama, particularly in and around the Canal, is troubling and must be addressed. Just as President Theodore Roosevelt used public funds to invest…
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Statement of Commissioner Daniel B. Maffei to the Senate Committee on Commerce, Science, and Transportation – Fees and Foreign Influence: Examining the Panama Canal and Its Impact on U.S. Trade and National Security
Thank you, Chairman Cruz, Ranking Member Cantwell, and members of the Committee for inviting me to participate. The Panama Canal is crucial to ensuring an efficient and reliable ocean transportation system, particularly for the United…
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Statement of Chairman Louis E. Sola to the Senate Committee on Commerce, Science, and Transportation – Fees and Foreign Influence: Examining the Panama Canal and Its Impact on U.S. Trade and National Security
Chairman Cruz, Ranking Member Cantwell, and distinguished members of the Committee: Thank you for the opportunity to appear before you today to address the vital role the Panama Canal plays in U.S. trade and the…
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Statement of Commissioner Daniel B. Maffei Congratulating Chairman Louis Sola and Thanking FMC Colleagues and Staff
On Monday, January 20, 2025, President Trump appointed Commissioner Louis Sola as the new Chairman of the Federal Maritime Commission. I want to extend my sincerest congratulations to Chairman Sola as he takes over the…
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