Closing Maritime Loopholes: Strengthening US Shipping Laws
This bill aims to strengthen US maritime transport regulations, known as the Jones Act. It means more work in US coastal waters and on the continental shelf will need to be performed by American vessels, potentially impacting service costs but also supporting local industry and jobs. The act seeks to close existing legal loopholes that allowed foreign vessels to perform work reserved for US-flagged ships.
Key points
Most transport and operational work in US coastal waters and on the continental shelf will be reserved for American vessels, potentially increasing demand for US crews and ships.
The bill clarifies what constitutes "merchandise" and "vessel equipment" to prevent foreign vessels from circumventing regulations.
It mandates the publication of information on penalties for violations, increasing transparency and accountability.
Allows interested parties, such as US vessel owners or unions, to challenge interpretations of regulations by customs authorities.
Expired
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