Trump to Extend Shipping Waiver for Oil, Fertilizer
The extension keeps foreign-flagged ships moving crude, fertilizer and other cargoes between U.S. ports as officials cite 90 million additional barrels shipped since March.
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8 Articles
JUST IN - Trump to extend Jones Act waiver for 90 more days, allowing foreign-flagged ships to carry oil and fertilizer between U.S. ports in a bid to lower fuel costs
The century-old law generally requires U.S.-built, U.S.-owned and U.S.-flagged ships with American crews to carry cargo between U.S....
<p>Trump extended authorization for shipping oil to U.S. ports by foreign vessels for 90 days Trump extended an exception to the Jones Act, which regulates maritime transportation between U.S. ports. Relaxation refers to the broad list of energy and other goods.</p>
Trump Extends Jones Act Shipping Waiver for Oil
“President Donald Trump is giving energy companies and traders more time to transport oil and other commodities around the U.S. on foreign-flagged ships, renewing a policy intended to lower fuel costs,” Bloomberg reports. “Trump has decided to extend by 90 days a waiver of mandates under the century-old Jones Act that otherwise require cargo carried […]
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