US investigates global maritime chokepoints for trade issues
The U.S. Federal Maritime Commission is investigating key maritime chokepoints, including the Panama and Suez Canals, to determine if any foreign entities are creating unfavorable conditions for U.S. shipping. This follows recent transit constraints affecting global supply chains. The investigation could lead to significant actions, such as imposing high fees on vessels or restricting access to U.S. ports for certain foreign-flagged ships. The Commission is using authorities from historical maritime laws to address these issues. The FMC is seeking public comments for 60 days on the causes of constraints at these chokepoints. This includes concerns over political instability, environmental factors, and security threats that may impact U.S. foreign trade.