There is some additional information at the link which may lead to other conversations but this part of the story may be the one that gets the most attention.
From The Nation:
Foremost acts as a shipping agent, purchasing vessels made primarily in China and coordinating shipment of commodities. Records reviewed by The Nation reveal that Foremost transports corn, chemicals and other goods to cities throughout the world. The company has offices in New York and Hong Kong.
Some of the goods shipped by Foremost echo themes of the McConnell campaign. At a Young Professionals Association of Louisville event this month, McConnell stressed his opposition to carbon dioxide limits imposed by the federal government that would impact the domestic coal market. He argued that such efforts would be fruitless given the role of coal in developing countries and the rising coal trade. Foremost ships routinely transport coal from ports in Australia and Colombia, countries with cheap coal, for export to Asia and Europe.
The firm, however, leaves a faint online trace. Foremost’s website FMCNY.com is blank. Records and court documents obtained by The Nation show that the ownership of the company’s vessels—with names such as Ping May, Soya May, Fu May and Grain May—is obscured through a byzantine structure of tax entities. Most of Foremost’s vessels are flagged in Liberia, which ensures that crew members of Foremost’s ships work under Liberia’s maritime labor laws, which critics note allow for intimidation in the workplace and few protections for labor unions. In addition, a Liberian “flag of convenience” allows ship owners to pay lower tonnage taxes than ships that fly the US flag. Maritime companies have increasingly used the Marshall Islands to register their vessels. The jurisdiction boasts of “no taxation, lax regulation, and no requirements for disclosure of many corporate details—even to the United States government,” according to a report in World Policy Journal.
(h/t Mogolori)
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