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US Port Support: New Cranes and Foreign Equipment Ban

This act establishes a grant program for US ports to acquire large container cranes, aiming to boost efficiency and security. It also restricts the purchase of cranes from entities linked to non-market or problematic countries, which could impact shipping costs and goods availability.
Key points
US ports can receive up to 80% funding for new, large container cranes or to replace foreign software in existing cranes.
A ban on acquiring cranes from companies in countries identified as non-market or problematic aims to enhance port infrastructure security and independence.
These changes may affect supply chains and shipping costs, potentially supporting domestic manufacturers and increasing port operational security.
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Additional Information
Print number: 117_HR_6488
Sponsor: Rep. Gimenez, Carlos A. [R-FL-26]
Process start date: 2022-01-25