Maersk Line warns of US flag costs
MAERSK Line’s US boss has warned against complacency in Washington’s desire to build up the US-flagged fleet, but he has also identified opportunities to reduce the gap between US and foreign-flag operating costs.
The company’s president and chief executive, John Reinhart, made his comments in written evidence to the sub-committee on the coast guard and maritime transportation.
It was more costly to operate vessels under the US register and one reason why less...
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