The FAST PASS Act would mandate the secretary of transportation to study how critical cargo can be expedited in emergencies like hurricanes and pandemics.
Calhoun plans to “complete the critical work under way to stabilize and position the company for the future” over the coming months, the announcement said.
Lawyers for Fractal Marine DMCC, argued that the company, which was set up in early 2022, would be forced into liquidation unless the measures were lifted.
The news comes after critics of the IMO warned that if it did not accelerate its efforts, more individual countries would begin to adopt legislation setting their own standards.
Starbucks has for years been cited by experts as the most aggressive union-buster, so the news will boost confidence in unionization at other retailers that have resisted it.
The U.S. Department of the Treasury claims that a vessel
owned by Vishnu Inc. has been involved in "illicit shipments" to China, in support of Iran-backed Houthis.