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The National Transportation Safety Board (NTSB) investigates, reports on and determines the probable causes of transportation accidents in all modes of transportation, from planes, trains and automobiles, to pipelines, ships and other accidents of a catastrophic or recurring nature, such as commercial space transportation accidents and accidents involving hazardous materials.
1 When the NTSB identifies safety issues, it can make safety recommendations aimed at furthering its ultimate mission of preventing future accidents and reducing injuries from accidents that do occur.
Every two years, the NTSB publishes a Most Wanted List of safety improvements that the agency determines are important to preventing accidents, minimizing injuries and saving lives across all modes of transportation. On the eve of the Biden-Harris inauguration, Holland & Knight spoke with NTSB Chairman Robert Sumwalt about current agency safety priorit
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For several years, until May 2019, the Export-Import Bank of the United States (Ex-Im Bank) lacked sufficient directors to field a quorum for approval of any new commitments for transactions other than to approve short-term to medium-term transactions (i.e., those with terms of seven years or less) up to $10 million, which in turn effectively rendered long-term financings of high value equipment impossible. (For additional context, see Holland & Knight s previous alert, President Trump, the Ex-Im Bank and Aircraft Finance, Jan. 20, 2017, for an assessment of the Ex-Im Bank at the start of the Trump Administration.)
Although the marine market saw significant fluxuations as a result of COVID-19, declining oil and gas prices, and international trade sanctions, 2021 promises new opportunities. The.
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The Pipeline and Hazardous Material Safety Administration (PHMSA) states that its mission is to protect people and the environment by advancing the safe transportation of energy and other hazardous materials that are essential to our daily lives. Previous Congresses and administrations have passed laws and promulgated rules with this dual mission of protecting people and the environment in mind, but typically PHMSA looks at near-term environmental effects when it comes to safety. Some Democrats want to use PHMSA as part of their broader environmental goals to have less carbon in general, and the recent PHMSA reauthorization especially emphasizes the environmental aspect of PHMSA s mission. The Biden Administration will undoubtedly place a renewed emphasis on environmental issues, but it remains to be seen whether it will go so far as to make pipeline safety a true environmental focus.
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This article is part of a series by Holland & Knight’s Transportation & Infrastructure Industry Sector Group leading up to President-elect Biden’s Jan. 20, 2021 inauguration, with insights into the likely impacts on industry segments including Aviation, Construction, Maritime, Freight Rail, Motor Carriers, Transit and Autonomous Transportation.
Once he assumes office on Jan. 20, 2021, President-Elect Joe Biden will quickly need to develop a comprehensive strategy regarding U.S. ocean trade, offshore industry issues and maritime infrastructure development. There will be many challenges regarding the U.S. regulatory structure, in many ways untouched during the last four years.
An immediate concern is a series of maritime trade dislocations directly caused by the COVID-19 pandemic and its impact upon international trade at all levels. The new administration will also need to address longer-term regulatory interpretation issues pending with respect to the U.S. �