04/28/1983
https://www.presidency.ucsb.edu...
"Senate bill 46, which I have signed into law, is a major step forward in this administration's efforts to revitalize the United States merchant marine and shipping industry."
"S. 46 eliminates this maze."
"This is an important step, but much still needs to be done to help the United States merchant marine and shipping industry revitalize itself."
"It is with great pleasure that I have signed this bill."