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Several trade preference bills and Trade Adjustment Assistance also passed in addition to fast-track Trade Promotion Authority, and will now go to the House for another round of voting.
An official from the U.S. Agency for International Development said discussions about the Maritime Security Program are ongoing.
The president met with fellow Group of 7 leaders in Germany this week to discuss the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership free trade agreements, among other things.
Australian logistics and stevedoring firm Asciano, parent of Patrick Stevedoring, has confirmed it received a purchase offer of $6.8 billion from Brookfield.
BPO arrangement allows the express giant, which has been targeted for acquisition by FedEx, to focus on its core activities and customers service.
While many airfreight carriers around the globe saw a slowdown in growth, Middle Eastern cargo lines reported a drastic increase in airfreight volumes.