Search results for: Jones Act

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  • 13 February 2017

    The U.S. Customs and Border Protection has extended the comment period for its proposed modifications of the Jones Act, which could affect the international offshore vessel owners operating in the U.S. The U.S. Customs and Border protection in mid-January issued a document in which it proposes to revise several rulings and amendments to the Jones […]

  • 28 January 2016

    The American Maritime Partnership (AMP) disagrees with the findings of the recent report published by the Alliance for Innovation and Infrastructure’s (Aii) entitled Jones Act: Protectionism v. Global Trade. The report called the Jones Act outdated, especially as the United States is entering new global markets and removing outstanding barriers to trade. Under the almost […]

  • 15 May 2017

    The U.S. maritime industry body the American Maritime Partnership (AMP) has lambasted the decision by the U.S. Customs and Border Protection to withdraw the proposed changes to the Jones Act. The industry body which describes itself as the voice of the domestic maritime industry said that the move by the CBP was ‘extremely disappointing.’ “The […]

  • 3 February 2017
    Equipment

    The U.S. Customs and Border protection in mid-January issued a document in which it proposes to revise several rulings and amendments to the Jones Act, which prevents foreign-flagged ships from shipping merchandise within the U.S. While the foreign-built and flagged ships have been prevented from transporting merchandise between the U.S. coastwise points, over the years […]

  • 11 May 2017

    The U.S. Customs and Border Protection has withdrawn its proposal to amend the Jones Act in a way that would have made a bulk of international offshore vessels banned from operating in the U.S. waters. The Jones Act, passed in 1920 prevents foreign-flagged ships from shipping merchandise between points in the United States. Under the coastwise laws, […]

  • 5 April 2017

    American Petroleum Institute, a U.S. industry body representing oil and gas companies’ interest, has slammed the recently proposed changes to the U.S. Jones Act claiming that, if adopted, they would negatively affect the country’s offshore oil and gas industry, and lead to job cuts. The Jones Act, passed in 1920, prevents foreign-flagged ships from shipping […]

  • 3 May 2017

    Harvey Gulf International Marine has taken delivery of a Jones Act-compliant multi-purpose support vessel Harvey Subsea. This is the first of two such vessels expected for delivery to Harvey this year. A sister ship, Harvey Blue-Sea, is scheduled for delivery in July 2017. The U.S. company has described the new vessel as a “best in class” Jones […]

  • 28 January 2015

    The Merchant Marine Act of 1920, which is also known as the Jones Act, is a U.S. federal statute that provides for the promotion and maintenance of the American merchant marine fleet. According to the Jones Act, all goods transported by water between U.S. ports need to be carried on U.S.-flagged ships, which were constructed […]

  • 2 May 2019
    Business & Finance

    President Donald Trump met with Congressional leaders from the Senate and House yesterday to discuss U.S. Maritime Policy and the Jones Act. Following the meeting, President Trump assured the Congressional leaders that he is not seeking any changes to the Jones Act, nor is he seeking any waivers. “President Trump had the Jones Act matters […]

  • 25 May 2017

    U.S. Customs and Border Protection recently withdrew its proposed changes to the Jones Act that would have deemed foreign flagged vessels banned from operation in the U.S. waters. The Jones Act, passed in 1920, prevents foreign-flagged ships from shipping merchandise between points in the United States. The U.S. Customs and Border protection had in mid-January […]

  • 8 June 2016

    The American Maritime Partnership (AMP) is opposing Rep. Gary Palmer’s (R-AL) proposed measure to exempt Puerto Rico from the Jones Act. The Palmer amendment to H.R. 5278, the Puerto Rico Oversight Management, and Economic Stability Act (PROMESA), if adopted, would allow foreign vessels to replace American ships and crews in the operation between the island […]

  • 24 October 2014
    Business & Finance

    Genesis Energy, L.P. has bought the 49,000 dwt products tanker M/T American Phoenix from Mid Ocean Tanker Company, and two related charters and management agreements for around USD 157 million, the Houston-based company said in a release. The American Phoenix, completed in 2012, is a double-hulled, Jones Act qualified tanker with 330,000 barrels of cargo capacity. […]

  • 21 February 2020
    Business & Finance

    The Center for Strategic and Budgetary Assessments (CSBA) recently completed its historic study of the American maritime industry and national security.  Titled “Strengthening the U.S. Defense Maritime Industrial Base,” the study made several key points about America’s Jones Act. According to the Dredging Contractors of America (DCA), the report is historic because it is the […]

  • 16 April 2015

    Pictured here is the first of four Crowley Maritime Corporation product tankers‬, named Ohio, which has recently launched at Aker Philadelphia Shipyard. Subsidiary Jensen Maritime is providing the construction management for the series and the tankers will be LNG-ready. Delivery of the ‪Jones Act‬ tanker is expected in August as finishing touches are underway. Crowley […]

  • 2 May 2016
    Business & Finance

    A recent debate on stabilizing the economy of Puerto Rico also triggered discussions of exempting the island trade from the Jones Act, which could “bring further investment in vessels built in U.S. shipyards to a standstill,” Crowley Maritime Corporation’s Michael Roberts, senior vice president and general counsel, said. Roberts further said that no credible proof was offered to suggest […]

  • 21 February 2014

    The US freight cabotage law offers a wide range of benefits without costing the government a penny, and should be hailed as both a commercial and public policy success. That’s what Thomas Allegretti said in his Feb. 14 remarks at the Maritime Trades Department (MTD) meeting in Houston. Allegretti chairs the powerful American Maritime Partnership […]

  • 17 September 2015
    Business & Finance

    The recently proposed five-year plan that would allow non U.S.-flagged ships to transport cargo between the U.S. mainland and Puerto Rico would undermine or possibly even sabotage this indebted unincorporated U.S. territory’s assistance package, according to Tom Allegretti, American Maritime Partnership Chairman. The restructuring plan, released by Puerto Rican Gov. Alejandro Garcia Padilla, suggests that Jones Act, the […]

  • 30 January 2015
    Business & Finance

    The American Maritime Partnership (AMP) has welcomed the decision of the United States Senate to approve the Keystone XL Pipeline legislation without an amendment to repeal the Jones Act proposed by the U.S. Senator John McCain, which AMP believes would have decimated the nation’s shipbuilding capacity. Earlier this month Senator McCain filed an amendment to […]

  • 16 December 2014

    The United States Senate approved the National Defense Authorization Act for Fiscal Year 2015 (H.R. 3979), which states that the U.S. national security benefits of the domestic maritime industry and the Jones Act are unquestioned, and is seen as the strongest statement of support for the Jones Act and the American domestic maritime industry since the Merchant Marine Act of […]

  • 14 September 2017
    Business & Finance

    The US has decided to extended the limited Jones Act Waiver on the back of the severe disruptions of the oil supply system resulting from Hurricanes Harvey and Irma. The waiver, which was initially signed on September 8, was extended at the recommendation of the Departments of Defense and Energy. Effective immediately, the waiver will facilitate […]

  • 2 October 2015
    Business & Finance

    U.S. commercial shipbuilder Aker Philadelphia Shipyard has started constructing two 3,600 TEU “Aloha Class” container ships ordered by Matson Navigation Company, a subsidiary of Matson Inc.   The contracts for the vessels were originally signed in 2013 for a total value of USD 418 million, with deliveries expected in the second half of 2018. The 260 meter (853 […]

  • 17 September 2015
    Business & Finance

    The recently proposed five-year plan that would allow non U.S.-flagged ships to transport cargo between the U.S. mainland and Puerto Rico would undermine or possibly even sabotage this indebted unincorporated U.S. territory’s assistance package, according to Tom Allegretti, American Maritime Partnership Chairman. The restructuring plan, released by Puerto Rican Gov. Alejandro Garcia Padilla, suggests that Jones Act, the […]