United States waives Jones Act for 60 days
Change
United States waived Jones Act restrictions for 60 days and authorized foreign-flagged vessels to transport oil, natural gas, fertilizer and coal between US ports.
Why it matters
The waiver removes the statutory requirement that domestic maritime cargo be carried on US-built, -owned and -crewed vessels, temporarily opening intra‑US routes to international carriers. That change increases short-term competition for freight contracts and creates uncertainty for US vessel owners and maritime labor over crewing and contract allocation.
Implications
- • Refiners and fuel distributors should solicit or charter foreign-flagged tankers to augment inland and coastal deliveries during the 60-day waiver.
- • Fertilizer importers and agricultural distributors should arrange for foreign-flagged shipments to meet spring planting demand.
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Source
Topics
Trade & Tariffs Regulatory Actions Supply Chain & Logistics Oil & Gas