Fragrance Creators Association Supports Passage of the Ocean Shipping Reform Act Into Law

The Fragrance Creators Association is in full support of final passage of the Ocean Shipping Reform Act (OSRA) signed into law by President Biden. 

 

In a statement issued following the House of Representatives’ passage, Fragrance Creators Association President and CEO Farah K. Ahmed said he was in agreement with Biden’s sentiments about the bill being a puzzle piece for addressing the rising costs and inflation in the US and thanked the over 60 diverse member companies, for empowering fragrance creators to play an active role in the law’s advancement. 

 

“As an original endorser of the legislation, along with our allied trades, we are pleased to play an active role in advancing this important legislation designed to address shipping supply chain challenges that ultimately impact consumers in the form of increased prices and empty shelves,” said Ahmed. “Fragrance is a critical input into myriad of finished products, including personal care, cleaning and disinfecting, and delay in fragrance supply has a ripple effect down the value chain. This is why Fragrance Creators is fully committed to supporting supplier diversity, a strong, adaptable, and resilient supply chain, and legislation, such as OSRA.”

 

Ahmed went on to note how much the industry has changed since the Shipping Act was last amended more than 20 years ago and the “longstanding, systemic supply chain and port disruption and congestion issues” that were caused as a result and compounded by the Covid-19 pandemic. 

 

“OSRA helps to address both the longstanding issues, as well as those exacerbated by the COVID-19 pandemic, by strengthening the role of the Federal Maritime Commission to address practices like unreasonable demurrage and other charges, to fight other unreasonable business practices, and more,” he said.