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Jones Act

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politics2 hours ago•5 min saved

White House weighs temporary Jones Act waiver to ease energy flow as fuel prices rise

The White House is reportedly considering a temporary waiver of the Jones Act to allow energy and agricultural cargo to move between U.S. ports using non-U.S.-flag vessels amid soaring fuel prices tied to the Iran conflict and disruption in the Strait of Hormuz. The move would be limited and not finalized, aimed at preventing supply disruptions while the administration also released 172 million barrels from the Strategic Petroleum Reserve and faces political pressure over prices.

via Politico|

#fuel-prices #jones-act #maritime-commerce

business4 hours ago•2 min saved

White House weighs temporary Jones Act waiver to ease fuel prices

The White House said it is prepared to temporarily waive the Jones Act to allow foreign ships to move fuel between U.S. ports in an effort to ease supply disruptions and potentially lower energy prices amid rising costs tied to the Iran conflict; the move has not been finalized. Oil and gasoline prices have climbed as tensions escalate.

via CBS News|

#business #energy-policy #fuel-prices

energy2 years ago•5 min saved

"US Boat Patrols Safeguard Jobs Amidst Offshore Wind Farm Expansion"

American marine companies and mariners are concerned about being left behind in the nascent U.S. offshore wind industry, as they fear foreign-flagged vessels are being used instead of U.S.-made ships with American crews. The Offshore Marine Service Association has deployed a ship named the Jones Act Enforcer to monitor operations and document any violations of the century-old law that reserves the transport of merchandise between U.S. points for U.S.-built, owned, and documented vessels. While some foreign-flagged vessels are currently working in wind development areas along the East Coast, U.S. ship operators argue that they have similar vessels capable of performing the required tasks. The association aims to secure future jobs and investments for American workers in the offshore wind industry.

via Yahoo News|

#american-jobs #energy #jones-act

energy2 years ago•5 min saved

"US Boat Patrols Safeguard Jobs Amidst Offshore Wind Farm Expansion"

American marine companies and mariners are concerned about being left behind in the nascent U.S. offshore wind industry. The Offshore Marine Service Association has deployed a vessel named the Jones Act Enforcer to monitor whether foreign-flagged vessels are being used instead of U.S.-made ships with American crews. While some U.S. ship operators argue that they have vessels capable of performing offshore wind work, the industry currently lacks specialized ships for installation. The association aims to ensure that American workers and companies have a fair opportunity to participate in the growing offshore wind sector, which could create thousands of jobs and help the U.S. transition to cleaner energy sources.

via ABC News|

#american-jobs #energy #jones-act

energy2 years ago•7 min saved

"US Boat Patrols Safeguard Jobs Amidst Offshore Wind Farm Expansion"

American marine companies and mariners are concerned about being left behind in the nascent U.S. offshore wind industry. The Offshore Marine Service Association is monitoring whether foreign-flagged vessels are being used instead of U.S.-made ships with American crews. The U.S. fleet currently lacks specialized ships for offshore wind installation, but U.S. ship operators argue that they have similar vessels capable of doing the work. Danish energy company Ørsted, developing the South Fork Wind project, responded that 75% of the vessels supporting the project's offshore construction are U.S.-flagged. However, larger U.S.-flagged offshore wind vessels are not yet built. The industry aims to tap into American workers, contractors, suppliers, and vessels as it expands.

via The Associated Press|

#american-marine-industry #energy #jobs