White House set to extend Jones Act shipping waiver, sources say Reuters
White House set to extend Jones Act shipping waiver, sources say - Reuters
In short
The administration is arranging an extension of an existing maritime waiver governed by the Jones Act. The original statute mandates that cargo shipped between United States ports must be transported on vessels that are built, flagged, and crewed by American operators. Extending the temporary exemption allows foreign-flagged ships to continue handling domestic transport routes under current federal oversight.
Key points
- The upcoming regulatory extension maintains authorized maritime flexibilities for commerc…: The upcoming regulatory extension maintains authorized maritime flexibilities for commercial shipping routes.
- Federal authorities are moving to keep the Jones Act waiver active for domestic cargo mov…: Federal authorities are moving to keep the Jones Act waiver active for domestic cargo movements.
- Non-compliant carriers will retain temporary legal authorization to move goods between Am…: Non-compliant carriers will retain temporary legal authorization to move goods between American ports.