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An official from the U.S. Agency for International Development said discussions about the Maritime Security Program are ongoing.
Reestablishing diplomatic relations affirmed with reopening embassies, but issues remain.
Meanwhile, the Senate Commerce, Science and Transportation Committee approved a long-term, six-year transportation bill that would be merged with the $278 billion DRIVE ACT.
The South Korean shipbuilder attributed the heavy second quarter losses primarily to a 2.3 percent decrease in overall revenues from last quarter.
Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat's historical dealings with OMM,” according to a report from Reuters.
Oregon Rep. Earl Blumenauer said his recently introduced STRONGER Act would establish an enforcement trust fund that would be "paid for by foreign exporting cheaters."