New U.S. legislation will support terminal operators to procure zero-emission equipment

Chamber of Shipping > Blog > News > US > New U.S. legislation will support terminal operators to procure zero-emission equipment

A bi-partisan bill in the U.S. House of Representatives aims to provide tax incentives to private marine terminal operators for purchasing lower-emission cargo handling equipment. The bill expands the Capital Construction Fund to allow tax-deferred accounts for buying American-made equipment. The National Association of Waterfront Employers supports the bill, highlighting the high costs and need for private terminal operators to meet emission reduction requirements. The legislation is intended to promote port infrastructure development, support the industry, and create new jobs. It is currently with the House Committee on Transportation and Infrastructure for review.

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