Marine link
 

Act Waiver

MARAD: Jones Act Waiver Reporting Requirements

Maritime Administration Reporting Requirements For The Special Purpose Jones Act Waiver.   Hurricane Sandy Special-Purpose Jones Act Waiver Reports to Maritime Administration as Required by Waiver   On November 2, 2012, the Department of Homeland Security, in consultation with the US Department of Energy and the Maritime Administration, issued a waiver of the Jones Act to allow non U.S.-flagged oil tankers coming from ports in the Gulf Coast Petroleum Administration for Defense District (PADD 3) to deliver petroleum products to ports in the New England and Central Atlantic PADDs (PADDs 1A and 1B).  That waiver was modified on November 3, 2012 to facilitate transportation of the necessary volume of other feedstocks, blending components, and additives used to produce fuels.  Vessels under this waiver must load by November 13th and offload at their destinations by November 20th. (see www.dhs.gov  search “Jones Act”)   REPORTING REQUIREMENTS   In order to ensure the objectives of this waiver are achieved, as a condition to this waiver, vessels operating pursuant to its authority will report to the Maritime Administration, within 24 hours after loading or diversion, the name of each vessel so operated, its loading port, cargo carried and the amount carried, the date of loading or diversion and the planned port of discharge.  


OP/ED: Actions Speak Louder Than Words

Thomas Allegretti, President & CEO of the American Waterways Operators (AWO)

On June 27, I testified on behalf of the American Maritime Partnership (AMP) before the House Coast Guard and Maritime Transportation Subcommittee at a hearing that questioned the Administration’s skirting of the Jones Act during last summer’s Strategic Petroleum Reserve (SPR) drawdown.   Members of Congress were keenly interested in understanding how the Administration authorized waivers for foreign flag ships to carry U.S. oil between U.S


Jones Act Waiver Requested for Skimmers to Gulf

(PRNewsFoto/Allegiance Capital Corporation)

Fred McCallister, an investment banker with Allegiance Capital Corporation, sent a letter to Incident Commander Admiral Thad Allen on June 17 asking for a limited waiver of the Jones Act, to enable 12 to 25 foreign flagged skimmer ships to assist in clean-up efforts in the Gulf. "Many in the Gulf have been calling for this equipment, which can collect 3,500 gallons of oil per hour per vessel from Gulf waters. With estimates now at 2


Task Force Opposes Repeal of Jones Act

The Maritime Cabotage Task Force stated that it opposes legislation to repeal the Jones Act, saying that all the McCain bill would do is put more Americans out of work. “The McCain bill proposes to eliminate the very American industry that is helping to clean up the spill - an industry that supports 500,000 U.S. jobs - and outsource that work to foreign workers and foreign companies registered in nations like Liberia and the Marshall Islands that operate outside of American law


Bill Introduced To Protect American Maritime Jobs

Working to create and preserve American jobs, Congressmen Elijah E. Cummings (D, MD-7) and Jeff Landry (R, LA-3) today introduced the American Mariners Job Protection Act (H.R. 3202), a bill with bipartisan support that will increase government transparency surrounding the issuance of waivers allowing non-Jones Act-qualified vessels to carry cargo between U.S. ports.    Under current law, when the head of the agency responsible for the administration of the Jones Act believes


Senator Landrieu Defends Jones Act

Source: wikimedia.org

The United States should strengthen a century-old law designed to protect the domestic shipping industry, rather than relax it under pressure from the energy industry, the chair of the Senate Energy Committee said on Tuesday.   The 1920 Jones Act restricts the delivery of goods between U.S. ports to ships made in the United States and flying the country's flags.   Mary Landrieu, a Louisiana Democrat, said defending the law is one of her top priorities and cautioned the Obama


DHS: Limited Waiver of Coastwise Trade Restrictions

The Department of Homeland Security (DHS) published the temporary waiver of compliance with coastwise trade restrictions to assist in the recovery from the effects of Hurricane Katrina. The coastwise trade laws have been waived, until 12:01 a.m., September 19, 2005, for transportation of petroleum and refined petroleum products from one U.S. port to another U.S. port. The coastwise trade laws have also been waived for transportation of petroleum released from the Strategic


Jones Act Reform Legislation Reintroduced

Senators Sam Brownback (R-Kan.), Jesse Helms (R-N.C.), Pat Roberts (R-Kan.), Richard Lugar (R-Ind.), Conrad Burns (R-Mont.) and Peter Fitzgerald (R-Ill.) reintroduced legislation (S.1032) designed to reform the U.S.-build requirement of the Jones Act. This bill, similar to the one introduced by Brownback last summer, would allow foreign-built dry- and liquid-bulk oceangoing self-propelled ships over 1,000 tons to ply the U.S. Coastwise trade under U.S. flag. The U.S


Interview: David C. Hanby, Jr., President & COO McDonough Marine

David C. Hanby, Jr., President & COO McDonough Marine

David C. Hanby, Jr., President & COO McDonough Marine shares with readers of MarineLink.com his insights on key market drivers for the coming year.    What legislative/political issue do you count as the most important for the marine industry in the next few years? DH: Effective funding of infrastructure improvements of the waterway facilities our industry depends on to provide efficient, safe, environmentally friendly transportation of our nation's commodities


Dryships Agreement with Nordea Bank

DryShips Inc. (NASDAQ:DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that it has reached final agreement and received formal approval from Nordea Bank Finland Plc, DnB NOR Bank ASA and HSH Nordbank AG regarding the previously announced covenant waiver in connection with the $800m Primelead facility consistent with the terms previously announced on February 9, 2009.


Sens. Menendez, Booker Urge Feds to Expedite Road Salt to NJ

NJDOT wants Jones Act Waiver.   U.S. Senators Robert Menendez (D-NJ) and Cory Booker (D-NJ) have jointly sent a letter to both U.S. Department of Homeland Security (DHS) Secretary Jeh Johnson and U.S. Department of Transportation Secretary Anthony Foxx requesting that they continue to


Eagle Bulk Enters Forbearance Agreement

eagle.jpg

Eagle Bulk Shipping Inc. announced that it has entered into a waiver and forbearance agreement with certain lenders under the company's fourth amended and restated credit facility, effective March 19, 2014. Subject to the company's compliance with certain terms


Navios Logistics Offers Cash Tender, Consent Solicitation

Photo: Navios South American Logistics Inc.

Navios South American Logistics Inc. announced today that it and Navios Logistics Finance (U.S.) Inc., its wholly-owned finance subsidiary, have commenced a cash tender offer for any and all of their outstanding 9 1/4% senior notes due 2019 and a consent solicitation to eliminate or modify most of


UN Seeks Sanctions Waiver to Ship Arms to Mali

The United Nations is seeking an exemption from a U.N. Security Council arms embargo on Ivory Coast so it can ship weapons and military equipment across the East African nation to its peacekeeping mission in landlocked Mali, a spokesman said on Thursday.


Navy's Latest LCS Comes Up to the Mark on Acceptance Trials

LCS 4 on sea trials: Photo credit USN

Rear Adm. Jim Murdoch, 
Program Executive Officer for Littoral Combat Ships (LCS) comments on the recent sea trial of the future 'USS Coronado', which as with all new construction ships in the Navy was conducted by the Board of Inspection and Survey.


Beyond Your Control: Minimizing Exposure

L_DeMarcay.jpg

Planning Ahead Can Help You Use the Act of God as a Defense In the marine industry, the management of risk is an everyday concern. We attempt to minimize risk by maintaining seaworthy vessels, properly training crews, entering into agreements that allocate risk and buying insurance


Jones Act Fleet a Catalyst for Growth Says Jaenichen

Paul Chip  Jaenichen: Photo credit MARAD

At the inaugural recent Tradewinds Jones Act Forum, MARAD Acting Administrator Paul 'Chip'  Jaenichen discussed the changes affecting the coastwise U.S.-flag maritime industry -- also known as the Jones Act fleet. Extracts follow: Since its enactment


Keeping up with the Jones (Act)

pg24 table.jpg

The continued existence of the Merchant Marine Act of 1920 carries with it substantial economic and financial benefits. Its repeal could be catastrophic. The three-legged stool commonly referred to as the Jones Act is officially known as the Merchant Marine Act of 1920


Court Rules Punitive Damages Allowed in Unseaworthiness Claims

A recent ruling by the U.S. Fifth Circuit Court of Appeals clears the way for seaman to recover punitive damages in unseaworthiness claims, according to Jones Act attorney Matthew Shaffer. In the facts of the case, McBride v. Estis Well Serv., L.L.C., No


At Least Viking Profitable for TransAtlantic in Q3 2013

Photo courtesy of Viking Supply Ships

In its interim financial report TransAtlantic states that the Group's liquidity situation is strained and it has been in breach with certain covenants during the third quarter, but it has received waivers from relevant banks. Third quarter highlights


Anti Corrosion Technology Clam

STAUFF.jpg

ACT Clamps from STAUFF protect against crevice corrosion in salt water. Designed for use with stainless steel tube and pipe, ACT clamps can be used for both underwater and top-side applications. Crevice corrosion is a problem when seawater is trapped in gaps between conventional clamps and the


Global Ship Lease Profits Slip in Q3 2013

Chartered vessel: Image courtesy of GSL

Container ship charter owners Global Ship Lease (GSL) announce its unaudited results for the 3 months and 9 months ended September 30, 2013. The 17 vessel fleet generated revenue from fixed rate long-term time charters of $36.1 million in the three months ended September 30, 2013, down $3


Bareboat Charterers FSL Share Trading Suspended

Image credit FSL

Singapore's First Ship Lease Trust (FSL Trust) has announced the suspension of trading in its shares pending an announcement to clarify lenders' position in relation to a covenant waiver or relaxation for 30 September 2013. About FSL Trust


USCG Publishes Final Rule on Marking Sunken Vessels

The U.S. Coast Guard announced Tuesday, December 24, 2013, the publication of a final rule revising its regulations to implement Section 301 of the Coast Guard and Maritime Transportation Act of 2004.   This Act authorized the Commandant of the Coast Guard to waive the statutory requirement


Global Ship Lease Further De-Levers in Q4 2013

Containership Julie Delmas: Photo courtesy of the owners

Containership charter owners, Global Ship Lease, Inc. has announced unaudited results for the three months and year ended December 31, 2013, excerpted as follows: Ian Webber, Chief Executive Officer of Global Ship Lease, stated, "In the fourth quarter of 2013


 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright