Jones Act

...we believe that the Jones Act can be modified to greatly lessen its currently negative impacts on the nation’s economy....

“The Jones Act chokes off Savannah’s ability to take advantage of the cheapest gasoline in the world, which is produced domestically right here in our own Gulf Coast.”

The past week was busy with coverage of the Jones Act....

Rep. Gene Ward introduced a resolution calling on Congress to enact Jones Act reform legislation....

"Resident Commissioner intends to introduce legislation in light of report’s findings"

...15 initiatives, many of which depend upon more efficient seaborne transportation....

A bipartisan group of five Hawaii State Representatives introduced in the current session a pair of resolutions calling on the U.S. Congress to enact reform ....

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Net loss decreased by approximately 48% to $94.7 million from $229.4 million in 2011....

...the several planned LNG export terminal projects at Kitimat are probable sources of LNG for Hawaii....

GAO is now indicating that they will issue their long awaiting report on the economic impact of the Jones Act on Puerto Rico, on Thursday, March 14, 2013....

It’s devastating to the nation’s economy, environment, and defense capability....

Sen. Malama Solomon February 28 introduced two Senate Resolutions (SR20 and SCR42) with identical wording requesting Hawaii be exempted from the Jones Act.  Here is the full text....

Jim Cramer Mad Money CNBC addresses the Jones Act and its negative impact on liquid fuel prices and supply....

An obsolete U.S. law known as the Jones Act makes people in Puerto Rico poorer, according to a new report from the Federal Reserve Bank of New York....

While the United States is on the verge of an energy revolution, an obsolete law threatens to stall oil production and already inflates the price of gasoline....

...Hawaii also is looking to boost its use of natural gas, and it will need a Jones Act exemption as well. It's time to strike on this issue now!

The proposed Jamaica logistics hub would act as a transshipment point for the Caribbean, Latin America and the U.S. East and Gulf Coasts....

“Although the US Jones’ Act fleet only accounts for 10% of the total capacity of containerships used in cabotage trades, its impact is disproportionately higher due to the requirement for vessels to be US-built, unlike most other countries...."

...the New York Fed identified the Jones Act as a major impediment to the Island’s prosperity....

The type of ship needed to transport LNG is a highly-specialized kind of tanker ship known as an LNG Carrier, none of which have been built in the U.S. since the mid-1970’s....

The purpose of the NPC is solely to advise, inform and make recommendations to the Secretary of Energy with respect to any matters relating to oil and natural gas....

In 2003, Hawaii congressman Ed Case introduced legislation to free his state from the Jones Act....

...rising cost of petroleum fuels coupled with strict new international air pollution regulations for ships are causing ship owners and operators to look seriously at the use of LNG ....

...commentary not only addresses the primary U.S. cabotage statute – i.e., the Jones Act – but also the pernicious effects of cabotage laws in other countries....

By some estimates, Jones Act makes goods in Hawaii 33% more expensive than they could be....

 “Any action that weakens the protectionism of the Jones Act will ultimately be to the long-term benefit US shipping.”

...influential British maritime journal Lloyd’s List published three articles today regarding the long awaited US. Government Accountability Office release of a report on their study of the impact of the Jones Act on Puerto Rico....

Bloomberg calls for major Jones Act reform in two parts: elimination of the U.S. build requirement for ships engaged in domestic coastwise trades; and, a more controversial proposal to allow foreign ship owners to compete....

Matson will continue to provide service to Reef's historical core trade lanes from Auckland, New Zealand and Fiji to the island nations of Nauru, the Solomon Islands, Tahiti, Samoa, Cook Islands, Niue, Tonga, Wallis and Futuna, Vanuatu, Tarawa and Majuro ....

The new barge is being specially designed and built to service the Hawaii market and will be larger, more efficient than its predecessor....

...the U.S. build section of the Act should be modified in certain trades of domestic shipping in order to support the U.S. Merchant Marine....

 “the remote states and territories.”

A leading Jones Act shipowner said last week they will build two containerships in the United States that were designed by a foreign shipbuilder and will be fitted with foreign manufactured components....

...Matson is planning to acquire, within the next five years, two new mainline ships for the extravagant price of U.S. $400 million.... 

Perhaps the most important upcoming development in respect of Jones Act reform will occur early in the first quarter of 2013. That is when the federal Government Accountability Office (GAO) is expected to release a Jones Act study requested by the resident commissioner of Puerto Rico, Representative Pedro Pierliusi (D).

...the “prices for new ships have fallen to an eight-year low” and may be pushed down another 15 percent....

The Jones Act Waiver was requested by New York Governor Andrew Cuomo ....

To go beyond supplying their current gas customer base in Hawaii, it will be necessary for Hawaii Gas and the other players to look at a very much larger scale program....

The long predicted fight over the foreign flag carriage of crude oil from the U.S. Government’s Strategic Petroleum Reserve (SPR) on the U.S. Gulf Coast to refineries on the U.S. East Coast seems set to begin in earnest ....

"...it’s come to the point where we are wondering whether it’s worth continuing the business...."

The Star-Advertiser asked all 24 candidates running for three federal offices 6 questions including, “Should Hawaii be exempt from the Jones Act, the federal law that protects the domestic shipping industry from foreign competition?” 

...additional costs to be incurred by carriers switching to low sulfur ship fuels as required by an international convention, which the United States Senate has not ratified but is being imposed anyway by President Barack Obama’s administration beginning on August 1, 2012....

“Dems and Mr. Jones, they got a thing going on. They both know it’s wrong. But it’s much too strong to let it cool down now.”

...trapped in a protected and proscribed market, surrounded by customers who don't like paying its exorbitant rates and unable to afford modern ships....