Lawmaker Calls For Suspension Of Jones Act For Tankers

Friday, October 20, 2000
Texas Republican lawmaker Joe Barton, chairman of the House Commerce Energy Subcommittee, said he wants a 90-day suspension of rules that do not allow foreign tankers to move crude between domestic ports. The rules, contained in the Jones Act, need to be altered in order to better supply Northeast heating oil markets this winter, he said. Barton's legislation would let President Clinton choose two domestic ports in the United States for foreign-flagged tankers to transport crude oil and products. The Jones Act mandates that any oil shipping between U.S. ports be carried-off by only U.S.-flagged tankers. But concerns about getting much-needed supplies to the nation's heating oil belt in the Northeast preclude the requirements, Barton said The proposed law to suspend the Jones Act comes extremely close to the end of the current legislative session. A representative of the Department of Energy, who appeared before Barton's panel to testify about the Strategic Petroleum Reserve swap program, said statistics showed that national heating oil inventories were 21 percent lower than last year.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Missing Person Rescued Near Brackettville

On July 31, Border Patrol Search Trauma and Rescue (BORSTAR) agents and CBP Office of Air and Marine rescued a man who was reported missing the previous morning.

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

LR First to Certify Small Caribbean Ships

LR is the first class society to certify small commercial ships operating in the Caribbean After becoming the first classification society to issue Cargo

Finance

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1240 sec (8 req/sec)