IN DEFENSE OF THE JONES ACT

Size: px
Start display at page:

Download "IN DEFENSE OF THE JONES ACT"

Transcription

1 IN DEFENSE OF THE JONES ACT ASBA Annual Cargo Conference Miami, FL September 26-28, 2012

2 Background of the Jones Act Section 27 of the Merchant Marine Act of 1920 (46 U.S.C. 883), commonly referred to as the Jones Act, requires that all waterborne shipping between points within the United States be carried out by vessels that are; Owned by U.S. citizens (at least 75%), Manned with U.S. citizen crews Built and Registered in the US

3 Stated Purpose of the Law Necessary for the national defense and the development of the foreign and domestic commerce of the United States that the United States shall have a merchant marine The Preamble to the law identifies four main objectives 1. Not just domestic commerce but a substantial portion of the waterborne export and import commerce of the US 2. Serve as a naval and military auxiliary in time of war and national emergency 3. US citizens own the vessels 4. Best and most capable vessels constructed in US shipyard and manned by US citizens

4 What Constitutes the US Flag Fleet The US Flag fleet is made up of two segments; the US Flag International Fleet and the Coastwise or Jones Act Fleet. Contradictory Stats; For example that of the number of ships in the US flag fleet represents only 1% of the worlds tonnage; Yet in terms of deadweight tonnage the US ranks about fourth in the world in terms of deadweight capacity at about 70 million tons of deadweight capacity; The US Flag fleet consist of approximately 200 ships, about evenly split between Jones Act eligible and US flag Foreign trade only. However the Jones Act Fleet totals over 40,000 vessels

5 What s the Difference Between the US Jones Act and the US Foreign trade Fleet Jones Act Fleet US Foreign Trade Fleet Fly the US Flag Fly the US Flag US Owned US crewed Vessels Built in the US Receive no subsidy Can compete both in the domestic and international markets US Owned US crewed Vessels Built Overseas (or US with CDS) Eligible for participation in MSP (Maritime Security Program) Foreign Trading only, but eligible for DOD and Cargo Preference cargoes

6 National Security and Use of the US Flag Vessel The U.S. Navy says U.S. Flag vessels are Critical to National Security However the reality is that vessels that trade domestic routes, i.e., the Jones Act fleet, the majority of which are tug and barge are seldom used to support the military outside the US. The vessels most critical to the military are tankers, ro-ro ships and container which are for the most part not Jones Act in that they were built in foreign yards and eligible for operating subsidies such as MSP.

7 So what are the Impediments to US Flag Vessels trading in International Trade Interestingly the US consumer is little effected by the US flag foreign trade fleet which may or may not receive subsidy payments, and who s existence is due exclusively to cargo preference laws and the support of the military. There is little complaint from the public about this class of ship because any subsidy received is a direct payment from the Maritime Administration to the vessel owner. These US flag carriers argue two points; that the US needs to have a ready, active fleet in times of national security to carry materiel and munitions but that reserve capacity is not adequately compensated; that there are no economic incentives for US firms to contract with US flag vessels over foreign flag vessels for their commercial requirements.

8 Why US Flag Vessels Cannot Compete in the International Arena Fact: US Flag vessels whether Jones Act or just not able to compete in the international shipping market without a robust cargo preference program and or direct subsidy payments. In September of 2011 MARAD released a study comparing US flag and Foreign-Flag operating costs, the study found that in 2010 the daily operating cost of a US flag vessel was nearly $22,000 per day versus $7500 for the foreign flag counterpart 2.7 times higher. US DOT Comparison of U.S. and Foreign-Flag Operating costs September, 2011

9 But Consider the reason why the US Flag Vessel will cost more than a comparable Foreign Owned and Operated Vessel Higher U.S. Construction Costs Unique to the Jones Act fleet because of the requirement to build in the US versus foreign yards in our sample voyage we will compare the difference between a US flag tanker and a foreign built tanker. Interestingly that is why in the domestic trade we see many more ATB s, tugs and barges versus ships. Labor costs US citizens and US work rule requirements the average US flag ship will have daily crew costs in the area of $13,000 - $15,000 per day versus a comparable foreign ship of about $3000 per day Maintenance and repair costs Higher cost of US shipyard versus foreign yards, US flag ships are subject to a 50% ad valoreum duty for non emergency repairs conducted in foreign yards also consider the restrictions on foreign riding gangs undertaking work while in transit

10 Why does the US Flag Vessel cost more than a comparable Foreign Owned and Operated Vessel Regulatory costs Differences in Regulatory costs include inability to transfer vessels in and out, no minimum manning requirements, a more rigorous inspection regime Insurance costs US vessel costs typically 1.5 times higher due to increased liability costs associated with mariner personal injury Taxes Many open registry nations have little or no income tax on the Vessel Owner s earnings. The US has one of the highest corporate income tax rates/

11 The criticism of the Jones Act fleet is that it costs the US Consumer; US Flag Jones Act Eligible Tanker Equivalent Sized Foreign Built and Operated Tanker Size : MR 50,000 dwt Size : MR 50,000 dwt Construction Cost: $90 - $120 million Construction Cost: $30 million Vessel Daily Operating Cost: $25,000 Vessel Daily Operating Cost: $7,500 Market Time Charter Rate: $50,000 per day Market Time Charter Rate: $10,000 per day Freight Example: When you consider that fuel and port costs are similar for both, the landed cost of a gallon of gasoline on a sample voyage from the USG to Philadelphia may be 3 times higher for the US flag vessel versus the comparable foreign flag vessel. But Is that a price too high to pay for the benefits provided?

12 But we want deregulation right; isn t deregulation a good thing? Clearly, deregulation is good for the consumer, it has lowered costs in a number of industries and spurred advancement, resulting in numerous technological improvements; Successful industries where deregulation have clearly benefited the consumer and their own industries include; The oil industry Airline industry Trucking Telecommunications Utilities / Electric Generators Railroads

13 But if deregulation is so good why shouldn t it apply it to the Jones Act Critics of the law will say; It is high cost; That the law is protectionist; That the need for a national fleet is past; That it is essentially a subsidy for US flag vessel owners; Has limited value in wartime and national emergency since the fleet is predominantly composed of river barges;

14 But the Jones Act is No More Protectionist than other US regulations. Cabotage laws are hardly unique, a MARAD 1991 survey found that 43 of 56 maritime countries, had some sort of crewing, ownership or domestic construction provisions imposed on their merchant marine fleet. US is all about free Trade, well not exactly, we impose export restrictions on crude oil and natural gas, The Agriculture Reform, Food and Jobs Act of 2012 farm bill is essentially an agricultural subsidy for US farmers. We place a quota on how much sugar that we can import into the US in an effort to protect the US sugar industry; The domestic production of ethanol was heavily subsidized until last year; Aviation we reserve airline travel between US cities for US carriers, you may like foreign carriers but you cannot fly them on domestic routes; NAFTA when enacted was to allow cross border trucking of Mexican goods into the US by Mexican truck drivers, nearly 20 years later the pilot program has had such low participation because of the multitude of US impediments that Mexican truckers operating in the US cannot be evaluated and hence no cross border trucking. Contrast that to any foreign flag vessels can deliver goods anywhere in the US.

15 Those are Defensive Arguments the Jones Act is a good law because it s about. J-O-B-S Protects the American worker we don t allow foreign nationals to work and reside in the US without permits, why shouldn t that extend to our vessels engaged in domestic commerce; The Jones Act is good for our economy; it is estimated that approximately 74,000 jobs in commercial shipbuilding and domestic waterborne industries are attributable to the Jones Act fleet; These jobs resulted in $36.4 billion in US economic output and $6.5 billion in direct US labor compensation, It is estimated that another 425,000 jobs result indirectly; Jones Act business paid an estimated $2.5 billion in taxes at the federal, state and local levels;

16 National Security Security concerns with foreign nationals operating vessels in US waters; We don t outsource out military function we don t hire foreign mercenaries to fight our nation s battles; US mariners transported 90% of the combat cargo and supplies by the military in the Iraq war; Patriotic, its nationalistic, consider the role of the merchant mariner in World War II, the huge US merchant fleet provided critical logistical support during war efforts; the military clearly wants their materiel carried by US flag vessels;

17 National Security

18 Duty, Patriotism, and Honor Edmond J. Moran Is Dead at 96; Admiral Led Tug Fleet on D-Day By BRUCE LAMBERT Published: July 17, 1993 Retired Rear Adm. Edmond J. Moran, a major figure in the shipping industry and commander of the tugboat fleet that enabled Allied forces to carry out the surprise D-Day invasion at Normandy on June 6, 1944,

19 Fairness Fairness Issue - companies like ours have invested billions in new Jones Act equipment, all at a capital construction premium; It is settled law; There are no impediments to investors other than citizenship; There can be no new investment when there is indecision about the law; Provides support for our shipyards and a source crewmembers for ships in times of war and national emergency; US has tougher vessel inspection regime cite DEEPWATER HORIZON From the USCG report The {flag state} failed to ensure that the DEEPWATER HORIZON was in compliance with all applicable requirements..

20 The Jones Act Needs Our Elected Officials to Enforce It

SEA Europe input on future EU-US Transatlantic Trade and Investment Partnership

SEA Europe input on future EU-US Transatlantic Trade and Investment Partnership SEA Europe input on future EU-US Transatlantic Trade and Investment Partnership SEA Europe is the Association for Ships and Maritime Equipment. Originating from the fusion of EMEC, the European Marine

More information

Statement of. Vice Admiral William A. Brown, United States Navy. Deputy Commander, United States Transportation Command

Statement of. Vice Admiral William A. Brown, United States Navy. Deputy Commander, United States Transportation Command Statement of Vice Admiral William A. Brown, United States Navy Deputy Commander, United States Transportation Command Before the House Armed Services Committee Subcommittee on Seapower and Projection Forces

More information

COMPARISON OF U.S. AND FOREIGN FLAG OPERATING COSTS

COMPARISON OF U.S. AND FOREIGN FLAG OPERATING COSTS 1 U.S. Department of Transportation Maritime Administration COMPARISON OF U.S. AND FOREIGN FLAG OPERATING COSTS September 2011 Photo Credits: Maersk Line Table of Contents Introduction... 1 Data Sources

More information

White Paper. Ten Points to Rationalize and Revitalize the United States Maritime Industry

White Paper. Ten Points to Rationalize and Revitalize the United States Maritime Industry White Paper Ten Points to Rationalize and Revitalize the United States Maritime Industry Cartner & Fiske, LLC 1629 K St., NW Ste. 300 Washington, DC 20006 jacc@cflaw.net John A C Cartner Managing Member

More information

OPERATIONAL LIMITATIONS DUE TO COMPLIANCE WITH THE JONES ACT

OPERATIONAL LIMITATIONS DUE TO COMPLIANCE WITH THE JONES ACT Working Document of the NPC Study: Arctic Potential: Realizing the Promise of U.S. Arctic Oil and Gas Resources Made Available March 27, 2015 Paper #7-5 OPERATIONAL LIMITATIONS DUE TO COMPLIANCE WITH THE

More information

SENATE JOINT RESOLUTION NO. 17 IN THE LEGISLATURE OF THE STATE OF ALASKA TWENTY-NINTH LEGISLATURE - FIRST SESSION A RESOLUTION

SENATE JOINT RESOLUTION NO. 17 IN THE LEGISLATURE OF THE STATE OF ALASKA TWENTY-NINTH LEGISLATURE - FIRST SESSION A RESOLUTION -LS0\A BY SENATOR COGHILL Introduced: // Referred: Transportation SENATE JOINT RESOLUTION NO. IN THE LEGISLATURE OF THE STATE OF ALASKA TWENTY-NINTH LEGISLATURE - FIRST SESSION A RESOLUTION Requesting

More information

WikiLeaks Document Release

WikiLeaks Document Release WikiLeaks Document Release February 2, 2009 Congressional Research Service Report RS21566 The Jones Act: An Overview John F. Frittelli, Resources, Science, and Industry Division Updated July 8, 2003 Abstract.

More information

towerconference st Texas Offshore Wind Energy Roundtable Conference & Offshore Wind Law (OWL) Conference

towerconference st Texas Offshore Wind Energy Roundtable Conference & Offshore Wind Law (OWL) Conference towerconference 2010 1st Texas Offshore Wind Energy Roundtable Conference & Offshore Wind Law (OWL) Conference October 19-22, 2010 Houston, Texas John J. Reilly WHAT IS THE JONES ACT? Important pieces

More information

UNITED STATES MARITIME COMMISSION WASHINGTON, D. C.

UNITED STATES MARITIME COMMISSION WASHINGTON, D. C. UNITED STATES MARITIME COMMISSION WASHINGTON, D. C. COMMISSIONERS EMORY S. LAND, CHAIRMAN EDWARD C. MORAN, JR. MAX O'RELL TRUITT HENRY A. WILEY THOMAS M. WOODWARD W. C. PEET, JR., SECRETARY The most advanced

More information

THE ECONOMIC IMPACTS OF THE PORTS OF LOUISIANA AND THE MARITIME INDUSTRY

THE ECONOMIC IMPACTS OF THE PORTS OF LOUISIANA AND THE MARITIME INDUSTRY THE ECONOMIC IMPACTS OF THE PORTS OF LOUISIANA AND THE MARITIME INDUSTRY Prepared by: TIMOTHY P. RYAN UNIVERSITY OF NEW ORLEANS February, 2001 EXECUTIVE SUMMARY The ports of Louisiana and the maritime

More information

BRUCE P. DALCHER, ESQ.

BRUCE P. DALCHER, ESQ. BRUCE P. DALCHER, ESQ. Bruce Dalcher is an attorney who recently formed the professional limited liability company of Bruce P. Dalcher, PLLC to begin a specialized law practice based in Washington, DC.

More information

Running head: THE NEGATIVE EFFECTS OF THE JONES ACT ON THE ECONOMY

Running head: THE NEGATIVE EFFECTS OF THE JONES ACT ON THE ECONOMY The Negative 1 Running head: THE NEGATIVE EFFECTS OF THE JONES ACT ON THE ECONOMY The Negative Effects of the Jones Act on the Economy of Hawaii Daniel Brackins Hawai i Pacific University December 4, 2008

More information

Title 46 Shipping. (This book contains parts 200 to 499) CHAPTER II Maritime Administration, Department of Transportation... 201

Title 46 Shipping. (This book contains parts 200 to 499) CHAPTER II Maritime Administration, Department of Transportation... 201 Title 46 Shipping (This book contains parts 200 to 499) CHAPTER II Maritime Administration, Department of Transportation... 201 CHAPTER III Coast Guard (Great Lakes Pilotage), Department of Homeland Security...

More information

The Jones Act Liner Trade

The Jones Act Liner Trade The Jones Act Liner Trade by Joseph A. Hubbard B.S. Naval Architecture & Marine Engineering Webb Institute of Naval Architecture, 15 SUBMITTED TO THE DEPARTMENT OF OCEAN ENGINEERING IN PARTIAL FULFILLMENT

More information

ADS Chapter 314 Eligibility of Delivery Services

ADS Chapter 314 Eligibility of Delivery Services Eligibility of Delivery Services Document Quality Check Date: 08/30/2012 Partial Revision Date: 12/21/2011 Responsible Office: GC/A&A File Name: 314_083012 Functional Series 300 Acquisition and Assistance

More information

The foundation of American seapower.

The foundation of American seapower. Copy to come copy to come copy to come copy to come America s Maritime Industry The foundation of American seapower. A Report by the Navy League of the United States 1 Contents The Foundation of American

More information

World Fuel Services Corporation Overview

World Fuel Services Corporation Overview World Fuel Services Corporation Overview About World Fuel Services World Fuel Services Corporation (NYSE: INT) is a global leader in fuel logistics, specializing in the marketing, sale and distribution

More information

Letter Report Impact of United States Coast Guard Regulations on United States Flag Registry

Letter Report Impact of United States Coast Guard Regulations on United States Flag Registry Letter Report Impact of United States Coast Guard Regulations on United States Flag Registry Transportation Research Board of the National Academies of Sciences, Engineering, and Medicine 2016 February

More information

Title 46 Shipping. (This book contains parts 200 to 499) CHAPTER II Maritime Administration, Department of Transportation... 201

Title 46 Shipping. (This book contains parts 200 to 499) CHAPTER II Maritime Administration, Department of Transportation... 201 Title 46 Shipping (This book contains parts 200 to 499) CHAPTER II Maritime Administration, Department of Transportation... 201 CHAPTER III Coast Guard (Great Lakes Pilotage), Department of Homeland Security...

More information

INSPECTOR GENERAL DEPARTMENT OF DEFENSE 4800 MARK CENTER DRIVE ALEXANDRIA, VIRGINIA 22350-1500

INSPECTOR GENERAL DEPARTMENT OF DEFENSE 4800 MARK CENTER DRIVE ALEXANDRIA, VIRGINIA 22350-1500 INSPECTOR GENERAL DEPARTMENT OF DEFENSE 4800 MARK CENTER DRIVE ALEXANDRIA, VIRGINIA 22350-1500 MEMORANDUM FOR DISTRIBUTION SUBJECT: Government Accountability Office (GAO) Weekly Activity Rep01i Attached

More information

Maritime Trade and Transportation by the Numbers

Maritime Trade and Transportation by the Numbers By Matthew Chambers and Mindy Liu The nation will observe Maritime Day on May 22, which was designated by Congress in 1933 to honor U.S. merchant mariners and the maritime industry. 1 Water transportation

More information

Corporate Presentation

Corporate Presentation Corporate Presentation Annual General Meeting 2012 Corporate Overview Industry Trends Operations Review Financial Highlights Outlook & Strategy Corporate Profile Regional provider of efficient and reliable

More information

Testimony of Matthew Paxton President, Shipbuilders Council of America

Testimony of Matthew Paxton President, Shipbuilders Council of America Testimony of Matthew Paxton President, Shipbuilders Council of America Before the Subcommittee on Coast Guard and Maritime Transportation House Transportation and Infrastructure Committee Examining the

More information

Effects on Military Sealift

Effects on Military Sealift E-230334 l The Jones Act fleet used in the Alaska trade comprises 21 percent of the militarily useful U.S.-flag fleet and provides positions for 22 percent of U.S.-citizen merchant mariners. In addition,

More information

GAO PUERTO RICO. Characteristics of the Island s Maritime Trade and Potential Effects of Modifying the Jones Act. Report to Congressional Requesters

GAO PUERTO RICO. Characteristics of the Island s Maritime Trade and Potential Effects of Modifying the Jones Act. Report to Congressional Requesters GAO United States Government Accountability Office Report to Congressional Requesters March 2013 PUERTO RICO Characteristics of the Island s Maritime Trade and Potential Effects of Modifying the Jones

More information

Florida SUPPLY CHAIN MANAGEMENT. Executive Summary

Florida SUPPLY CHAIN MANAGEMENT. Executive Summary Florida SUPPLY CHAIN MANAGEMENT Executive Summary SUPPLY CHAIN MANAGEMENT OVERVIEW Supply Chain Management (SCM) practices govern the selection of an appropriate mode for the movement of goods and materials

More information

The Real McCain. We must streamline our workforce and not let good workers be crippled by the fine print of the latest union contract.

The Real McCain. We must streamline our workforce and not let good workers be crippled by the fine print of the latest union contract. The Real McCain We must streamline our workforce and not let good workers be crippled by the fine print of the latest union contract. John McCain, 2007 The Real McCain I know NAFTA was a good idea. It

More information

Copyright: Univan Ship Management Ltd.

Copyright: Univan Ship Management Ltd. Outsourcing Ship Management Should Owners Do It? Technical management may be : An in-house function for a Ship Owner OR Out-sourced to a third-party Ship Manager. The Owner s Musts : 1. Anticipate operating

More information

The Training Material on Multimodal Transport Law and Operations has been produced under Project Sustainable Human Resource Development in Logistic

The Training Material on Multimodal Transport Law and Operations has been produced under Project Sustainable Human Resource Development in Logistic The Training Material on Multimodal Transport Law and Operations has been produced under Project Sustainable Human Resource Development in Logistic Services for ASEAN Member States with the support from

More information

Marine Industry Benefits Study

Marine Industry Benefits Study Marine Industry Benefits Study Economic Impact of the Canadian Marine Transportation Industry Report Prepared for Transport Canada by EXECUTIVE SUMMARY DECEMBER 2004 INTRODUCTION From published statistics,

More information

INDEX OF TABLES. II 8 Import Components of Final Uses, 1958 63... 26. III 1 The Balance of Payments, by Main Category, 1958 63 28

INDEX OF TABLES. II 8 Import Components of Final Uses, 1958 63... 26. III 1 The Balance of Payments, by Main Category, 1958 63 28 INDEX OF TABLES PART ONE THE DEVELOPMENT OF THE ECONOMY CHAPTER I. MAIN ECONOMIC DEVELOPMENTS IN 1963 Table I 1 Indicators of Economic Development. 4 CHAPTER II. RESOURCES, USES, AND INCOMES II 1 Resources

More information

Phoio credif Sea-Land /ndustries

Phoio credif Sea-Land /ndustries Phoio credif Sea-Land /ndustries Contents Page Overview......................................................... 141 Development of Maritime Policy..................................... 141 General History........................................................

More information

Information Paper on the Panama-Singapore Free Trade Agreement

Information Paper on the Panama-Singapore Free Trade Agreement OVERVIEW Information Paper on the Panama-Singapore Free Trade Agreement 1. The Panama-Singapore Free Trade Agreement (PSFTA) was signed in Singapore on 1 March 2006 by Singapore s Minister of State for

More information

SHIPPING IN MALTA. a strategic location since time immemorial

SHIPPING IN MALTA. a strategic location since time immemorial SHIPPING IN MALTA co a strategic location since time immemorial 1 Shipping in Malta REGISTRATION - CLEAR BENEFITS The Merchant Shipping Act, which regulates the registration and operation of vessels under

More information

U.S. MERCHANT MARINE. Maritime Administration Should Assess Potential Mariner-Training Needs. Report to Congressional Committees

U.S. MERCHANT MARINE. Maritime Administration Should Assess Potential Mariner-Training Needs. Report to Congressional Committees United States Government Accountability Office Report to Congressional Committees January 2014 U.S. MERCHANT MARINE Maritime Administration Should Assess Potential Mariner-Training Needs GAO-14-212 January

More information

Issues in Political Economy, Vol 22, 2013, 77-107. Veiled Waters: Examining the Jones Act s Consumer Welfare Effect Justin Lewis, Tulane University

Issues in Political Economy, Vol 22, 2013, 77-107. Veiled Waters: Examining the Jones Act s Consumer Welfare Effect Justin Lewis, Tulane University Issues in Political Economy, Vol 22, 2013, 77-107 Veiled Waters: Examining the Jones Act s Consumer Welfare Effect Justin Lewis, Tulane University In the United States, one of the most influential laws

More information

Oregon s Maritime Economic Sector

Oregon s Maritime Economic Sector 14th Oregon Leadership Summit Where Do We Go From Here? Oregon s Maritime Economic Sector A Sector of Business Clusters Maritime means: Related to the sea and inland waters including water-side & upland

More information

Maritime Law. Foreign flag vessels in the Argentine economy. By Dra. Vanesa Balda

Maritime Law. Foreign flag vessels in the Argentine economy. By Dra. Vanesa Balda Maritime Law Foreign flag vessels in the Argentine economy Over the last years, Argentina has been building up a shipping policy with the aim of entailing the incorporation of a growing number of vessels

More information

Incentives of ship registration under Jordanian Flag.

Incentives of ship registration under Jordanian Flag. Incentives of ship registration under Jordanian Flag. 1- Ships flying the Jordanian Flag are not targeted by Port State Control system worldwide. 2- Jordanian Diplomatic missions are spread in more than

More information

The world merchant fleet in 2011. Statistics from Equasis

The world merchant fleet in 2011. Statistics from Equasis The world merchant fleet in 2011 Statistics from Equasis Equasis Statistics The world merchant fleet in 2011 Table of content 1. Themes and Tables... 3 2. The Merchant Fleet Population... 5 2.1. 2.2. 2.3.

More information

2011 U.S. Water Transportation Statistical Snapshot

2011 U.S. Water Transportation Statistical Snapshot U.S. Department of Transportation Maritime Administration 2011 U.S. Water Transportation Statistical Snapshot November 2013 For information about the Office of Policy and Plans and its products and services,

More information

HOW THE HERITAGE FOUNDATION MISSED THE BOAT WITH ITS RECENT JONES ACT REPORT

HOW THE HERITAGE FOUNDATION MISSED THE BOAT WITH ITS RECENT JONES ACT REPORT HOW THE HERITAGE FOUNDATION MISSED THE BOAT WITH ITS RECENT JONES ACT REPORT The Heritage Foundation s recent report entitled Sink the Jones Act: Restoring America s Competitive Advantage in Maritime-Related

More information

US Shipbuilding and LNG JECKU TEM. Tom Wetherald

US Shipbuilding and LNG JECKU TEM. Tom Wetherald US Shipbuilding and LNG JECKU TEM Tom Wetherald US Coastwise Fleet Distribution Oceangoing Vessels Product Tanker Crude Carrier Containership 31 vessels in service 11 vessels in service 27 vessels in service

More information

TRADITION. INNOVATION. SUCCESS.

TRADITION. INNOVATION. SUCCESS. TRADITION. INNOVATION. SUCCESS. Dial In: 1 (866) 640-4044 Participation Code: 969427 VESSEL FINANCING AND ENFORCING MARITIME CLAIMS Paul N. Vance & Leon H. Rittenberg III September 20, 2011 Please note

More information

Maritime Law of Mongolia 28 May, 1999 Ulaanbaatar SEA EXPLOITATION Contents Chapter 1 General Provisions Article 1 Purpose of the law Article 2

Maritime Law of Mongolia 28 May, 1999 Ulaanbaatar SEA EXPLOITATION Contents Chapter 1 General Provisions Article 1 Purpose of the law Article 2 Maritime Law of Mongolia 28 May, 1999 Ulaanbaatar SEA EXPLOITATION Contents Chapter 1 General Provisions Article 1 Purpose of the law Article 2 Maritime legislation Article 3 Scope of the law Article 4

More information

Cruise Industry Regulation

Cruise Industry Regulation Cruise Industry Data Visualization Robust. Accountable. Clearly Defined. Clear, legible text. Clarity of information is top priority, iconography and visual elements are secondary. Data Visualization We

More information

ANNEX 8B SCHEDULE OF UNITED STATES. Obligations Concerned: Most-Favored-Nation Treatment (Articles 8.4 and 15.4) Cross-Border Services and Investment

ANNEX 8B SCHEDULE OF UNITED STATES. Obligations Concerned: Most-Favored-Nation Treatment (Articles 8.4 and 15.4) Cross-Border Services and Investment ANNEX 8B SCHEDULE OF UNITED STATES Sector: Communications Obligations Concerned: Most-Favored-Nation Treatment (Articles 8.4 and 15.4) Cross-Border Services and Investment measure that accords differential

More information

MARINE LIABILITY PRODUCTS

MARINE LIABILITY PRODUCTS MARINE LIABILITY PRODUCTS www.prosightspecialty.com/marine Tim McAndrew tmcandrew@prosightspecialty.com 212-551-0618 Tom Zdrojeski tzdrojeski@prosightspecialty.com 212-551-0623 Robert Palmer rpalmer@prosightspecialty.com

More information

Three Branches of Government. Lesson 2

Three Branches of Government. Lesson 2 Three Branches of Government The Executive Branch The President of the United States is the leader of the executive branch. The President s duties are to: Enforce federal laws and recommend new ones Serve

More information

Federal Aviation Administration Aviation Insurance Program

Federal Aviation Administration Aviation Insurance Program Federal Aviation Administration Aviation Insurance Program 1 General Authority Chapter 443 of title 49, U.S.Code Insurance and reinsurance Any risk from the operation of an American or foreignflag aircraft

More information

Military Transactions

Military Transactions 8 Military Transactions In this section: Coverage and definitions Estimation methods overview U.S. receipts Transfers under U.S. military agency sales contracts U.S. payments Direct defense expenditures

More information

COAST GUARD & MARITIME TRANSPORTATION ACT OF 2014

COAST GUARD & MARITIME TRANSPORTATION ACT OF 2014 COAST GUARD & MARITIME TRANSPORTATION ACT OF 2014 COMMITTEE ON TRANSPORTATION & INFRASTRUCTURE The Coast Guard & Maritime Transportation Act of 2014 The Coast Guard and Maritime Transportation Act of 2014

More information

Mandates & Costs - US Merchant Marine Academy & State Maritime Academies

Mandates & Costs - US Merchant Marine Academy & State Maritime Academies Mandates & Costs - US Merchant Marine Academy & State Maritime Academies Prepared for Senator Mark Begich by US Merchant Marine Academy Alumni Association & Foundation January 17, 2014 Fundamental Question

More information

Index. Coumbia-Snake River System 356 dairy 64 exports 66 regional changes 64 supply and demand 66 DDGS 127, 130

Index. Coumbia-Snake River System 356 dairy 64 exports 66 regional changes 64 supply and demand 66 DDGS 127, 130 Index Index AASHTO study 307 agricultural commodities 23 agriculture importance to U.S. economy 3 need for flexible transportation 367 need for transportation 1 Alameda Corridor 424 funding requirements

More information

Pilot Free Trade Zone Shanghai

Pilot Free Trade Zone Shanghai Pilot Free Trade Zone Shanghai Shanghai s first Free Trade zone was launched in September 2013, targeted to make Shanghai an international trade and finance hub. It was established on the strategic decision

More information

Subj: OVERHAUL, REPAIR AND MAINTENANCE OF MSC VESSELS IN FOREIGN SHIPYARDS

Subj: OVERHAUL, REPAIR AND MAINTENANCE OF MSC VESSELS IN FOREIGN SHIPYARDS DEPARTMENT OF THE NAVY COMMANDER, MILITARY SEALIFT COMMAND 914 CHARLES MORRIS CT SE WASHINGTON NAVY YARD, DC 20398-0001 IN REPLY REFER TO: COMSCINST 4700.15D N7 COMSC INSTRUCTION 4700.15D From: Commander,

More information

Subj: STANDARDS PROGRAM FOR MARINE SAFETY, SECURITY AND ENVIRONMENTAL PROTECTION PROGRAMS

Subj: STANDARDS PROGRAM FOR MARINE SAFETY, SECURITY AND ENVIRONMENTAL PROTECTION PROGRAMS Commandant United States Coast Guard 2100 SECOND STREET SW WASHINGTON DC 20593-0001 Staff Symbol: G-MTH (202) 267-2960 COMMANDANT INSTRUCTION 5420.32 Subj: STANDARDS PROGRAM FOR MARINE SAFETY, SECURITY

More information

The world merchant fleet in 2013. Statistics from Equasis

The world merchant fleet in 2013. Statistics from Equasis The world merchant fleet in 2013 Statistics from Equasis Table of content 1. Themes and Tables... 3 2. The Merchant Fleet Population... 5 Whole Fleet... 6 Ships by age... 7 Ships by flag... 12 3. Classification

More information

Iowa s average industrial electricity cost per kwh is 24 percent below the U.S. average.

Iowa s average industrial electricity cost per kwh is 24 percent below the U.S. average. Iowa s business climate has never been more favorable. Iowa has the lowest cost of doing business in the nation, is perfectly positioned with its central location and has a diversified and robust economy.

More information

United States Ownership, Control and Charter Restrictions: Maritime Coastwise Trade Laws vs. Aviation Laws. By: Destiny Scott

United States Ownership, Control and Charter Restrictions: Maritime Coastwise Trade Laws vs. Aviation Laws. By: Destiny Scott United States Ownership, Control and Charter Restrictions: Maritime Coastwise Trade Laws vs. Aviation Laws By: Destiny Scott 700 Daniel Ellis Drive Unit 9202 Charleston, SC 29412 dnscott@charlestonlaw.edu

More information

Mexico Shipments Made Simple. Third-party logistics providers help streamline the U.S. Mexico cross-border process WHITE PAPER

Mexico Shipments Made Simple. Third-party logistics providers help streamline the U.S. Mexico cross-border process WHITE PAPER Mexico Shipments Made Simple Third-party logistics providers help streamline the U.S. Mexico cross-border process WHITE PAPER Introduction With the cost of manufacturing rising in Asia, many companies

More information

Examiner s Report April 2016

Examiner s Report April 2016 General comment Most students made a reasonable attempt at the paper and demonstrated a fair knowledge of the subject though care should be taken to read all the questions carefully and plan time during

More information

Maritime High School Course Outline

Maritime High School Course Outline Maritime High School Course Outline The required courses for College Preparatory High School Diplomas and General Diplomas are set by State Education Departments, and further defined by local school boards.

More information

JOURNAL OF Maritime Law and Commerce

JOURNAL OF Maritime Law and Commerce VOL. 46 NO. 4, October 2015 TM JOURNAL OF Maritime Law and Commerce In this issue: Twelfth Nicholas J. Healy Lecture on Admiralty Law - Perspectives on Maritime Issues We Wish the Supreme Court Would Address:

More information

STATEMENT OF GEORGE QUICK, VICE PRESIDENT INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS

STATEMENT OF GEORGE QUICK, VICE PRESIDENT INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS STATEMENT OF GEORGE QUICK, VICE PRESIDENT INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS to the COMMITTEE ON HOMELAND SECURITY on the TRANSPORTATION WORKER IDENTIFICATION CREDENTIAL OCTOBER 31,

More information

MARINE INSURANCE GUIDELINES

MARINE INSURANCE GUIDELINES MARINE INSURANCE GUIDELINES What is Marine Insurance? Marine Insurance, is a contract whereby for a consideration stipulated to be paid by one interested in a ship or cargo that is subject to the risks

More information

Women who are Moving Ohio into a Prosperous New World. Ohio s Maritime Vision

Women who are Moving Ohio into a Prosperous New World. Ohio s Maritime Vision Women who are Moving Ohio into a Prosperous New World Ohio s Maritime Vision Presented by: Rose Ann DeLeón Director of Government Relations and Federal Affairs Cleveland-Cuyahoga County Port Authority

More information

Concept of Ship Registration

Concept of Ship Registration Concept of Ship Registration Yi-Chih Yang Associate Professor, Department of Shipping and Transportation Management, National Kaoshiung Marine University, Taiwan Content Identification of Flag Concept

More information

Charleston School of Law: Admiralty and Maritime Law LLM Program

Charleston School of Law: Admiralty and Maritime Law LLM Program Charleston School of Law: Admiralty and Maritime Law LLM Program The Charleston School of Law in Charleston, South Carolina, will offer an advanced degree program in Admiralty and Maritime Law in the Fall

More information

S.R. NO. lo FEB 2 3 2015

S.R. NO. lo FEB 2 3 2015 S.R. NO. lo FEB 0 SENATE RESOLUTION THE SENATE TWENTY-EIGHTH LEGISLATURE, 0 STATE OF HAWAII REQUESTING CONGRESS TO EXEMPT HAWAII (JOINED BY PUERTO RICO, ALASKA AND GUAM) FROM THE U.S. BUILD REQUIREMENT

More information

THE CONTRIBUTION OF THE JONES ACT TO U.S. SECURITY

THE CONTRIBUTION OF THE JONES ACT TO U.S. SECURITY THE CONTRIBUTION OF THE JONES ACT TO U.S. SECURITY Dr. Daniel Goure Executive Summary The United States has always had a special relationship to water. It is a nation founded from the sea. Its interior

More information

TEXAS WORKERS' COMPENSATION AND EMPLOYERS' LIABILITY MANUAL 2nd Reprint Effective July 1, 2011 ENDORSEMENTS & FORMS

TEXAS WORKERS' COMPENSATION AND EMPLOYERS' LIABILITY MANUAL 2nd Reprint Effective July 1, 2011 ENDORSEMENTS & FORMS TEXAS WORKERS' COMPENSATION AND EMPLOYERS' LIABILITY MANUAL 2nd Reprint Effective July 1, 2011 ENDORSEMENTS & FORMS INTRODUCTION The Texas Amendatory Endorsement must be attached to all policies providing

More information

Tax Services. The Cyprus Tonnage Tax System

Tax Services. The Cyprus Tonnage Tax System Tax Services The Cyprus Tonnage Tax System Owners Qualification criteria Applicable tax regime Election criteria and conditions to be fulfilled to remain in the system (in addition to qualification criteria

More information

Module 6: Learning Outcomes

Module 6: Learning Outcomes Intermodal Transportation Curriculum for Secondary Education Pilot Study MODULE 6: Transportation Rule and Regulations WORKSHOP October 22 & 23, 2012 - Trent Lott Center, University of Southern Mississippi

More information

Scandinavian Maritime Law

Scandinavian Maritime Law Thor Falkanger - Hans Jacob Bull Lasse Brautaset Scandinavian Maritime Law The Norwegian Perspective Universitetsforlaget Contents 1 INTRODUCTION 23 1.1 What is maritime law? 23 1.2 The unique characteristics

More information

ECLAC LOGISTICS PROFILE: Mexico

ECLAC LOGISTICS PROFILE: Mexico ECLAC LOGISTICS PROFILE: Mexico Last Update: 21/12/2015 INTRODUCTION ECLAC's Logistics Profiles have been developed by the ECLAC Infrastructure Services Unit (ISU) with the aim to provide in a single concise

More information

What Every Member of the Trade Community Should Know About: Coastwise Trade: Merchandise

What Every Member of the Trade Community Should Know About: Coastwise Trade: Merchandise What Every Member of the Trade Community Should Know About: Coastwise Trade: Merchandise AN INFORMED COMPLIANCE PUBLICATION JANUARY 2009 NOTICE: This publication is intended to provide guidance and information

More information

Tankers Fueling American Life

Tankers Fueling American Life Tankers Fueling American Life The art of the sailor is to leave nothing to chance. Annie Van De Wiele Tankers move AMERICA forward. It s hard to imagine modern life without petroleum. From the gas in our

More information

Allianz Global Corporate & Specialty Hull, Protection & Indemnity and Marine Liability Insurance

Allianz Global Corporate & Specialty Hull, Protection & Indemnity and Marine Liability Insurance Allianz Global Corporate & Specialty Hull, Protection & Indemnity and Marine Liability Insurance Comprehensive cover, flexible solutions Allianz Global Corporate & Specialty at a glance Full range of products

More information

Republic of Turkey - Ministry of Economy, 2014 0

Republic of Turkey - Ministry of Economy, 2014 0 Republic of Turkey - Ministry of Economy, 2014 0 SHIPBUILDING INDUSTRY Turkey is surrounded by sea on three sides, is a natural bridge between Asia and Europe. Turkey borders the Black Sea, the Mediterranean,

More information

Marine industry careers

Marine industry careers Marine industry careers Québec s marine transport industry: an economic driving force The St. Lawrence River permits large volumes of raw materials and manufactured products (imports and exports) to be

More information

.The Luxembourg. Maritime Flag

.The Luxembourg. Maritime Flag .The Luxembourg Maritime Flag July 2009 Table of contents 1. Introduction...3 2....4 2.1. General...4 2.2. The authorised maritime company...4 2.3. The authorised shipping manager...4 2.4. The ships...4

More information

Boiler & Machinery. Allianz Global Corporate & Specialty North America. Depend on our broad scope and focus.

Boiler & Machinery. Allianz Global Corporate & Specialty North America. Depend on our broad scope and focus. Boiler & Machinery Depend on our broad scope and focus. Allianz Global Corporate & Specialty North America offers a wide range of innovative Boiler & Machinery risk solutions for many types of businesses

More information

CRS Report for Congress

CRS Report for Congress CRS Report for Congress Received through the CRS Web Order Code RS22297 October 14, 2005 Ports in Louisiana: New Orleans, South Louisiana, and Baton Rouge Summary Vanessa Cieslak Information Research Specialist

More information

Crowley LNG. Puget Sound Harbor Safety Committee June 3 rd, 2015. Matthew Sievert Director Business Development LNG

Crowley LNG. Puget Sound Harbor Safety Committee June 3 rd, 2015. Matthew Sievert Director Business Development LNG Crowley LNG Puget Sound Harbor Safety Committee June 3 rd, 2015 Matthew Sievert Director Business Development LNG Company Profile Crowley was founded in 1892. Largest US Jones Act Co. Focusing on Marine

More information

Waterborne TP and Vessels for the Future Initiative in H2020

Waterborne TP and Vessels for the Future Initiative in H2020 Waterborne TP and Vessels for the Future Initiative in H2020 Luciano Manzon WATERBORNE Secretary, SEARDI Chairman the RDI Group of SEA Europe 27 November Santiago de Compostela ETP WATERBORNE All the Stakeholders

More information

Danish Shipping Academy. The Commercial Shipping Program

Danish Shipping Academy. The Commercial Shipping Program Appendix B Danish Shipping Academy The Commercial Shipping Program Maritime Law - Curriculum Vendor The course will be delivered as a joint venture between Gorissen Federspiel law firm and BIMCO education.

More information

Key Terms. commerce cutter ecosystem flagged intermodal logistics maritime Operations Plan sealift strategic. Linked Core Abilities

Key Terms. commerce cutter ecosystem flagged intermodal logistics maritime Operations Plan sealift strategic. Linked Core Abilities Lesson 7 The United States Coast Guard and Merchant Marine What You Will Learn to Do Explore the organization and mission of the U.S. Coast Guard and Merchant Marine Linked Core Abilities Do your share

More information

Using Data Visualizations to Improve Presentation and Marketing of the North American Transportation Statistics Online Database

Using Data Visualizations to Improve Presentation and Marketing of the North American Transportation Statistics Online Database Using Data Visualizations to Improve Presentation and Marketing of the North American Transportation Statistics Online Database Steven Roman, US Census Bureau Chief, Utilities and Financial Census Branch

More information

GAO MILITARY AIRLIFT. DOD Should Take Steps to Strengthen Management of the Civil Reserve Air Fleet Program. Report to Congressional Committees

GAO MILITARY AIRLIFT. DOD Should Take Steps to Strengthen Management of the Civil Reserve Air Fleet Program. Report to Congressional Committees GAO United States Government Accountability Office Report to Congressional Committees September 2009 MILITARY AIRLIFT DOD Should Take Steps to Strengthen Management of the Civil Reserve Air Fleet Program

More information

Source: http://www.uscg.mil/hq/g-m/pscweb/boarding%20matrix.htm.

Source: http://www.uscg.mil/hq/g-m/pscweb/boarding%20matrix.htm. FAQs for Detainees in Marine Pollution Prosecutions Under what authority may the Coast Guard board a vessel? Under the United Nations Convention on the Law of the Sea, a coastal state has full and exclusive

More information

MARINE K&R INSURANCE Frequently Asked Questions

MARINE K&R INSURANCE Frequently Asked Questions Insurance Bulletin Issue 02 - March 2010 MARINE K&R INSURANCE Frequently Asked Questions by Capt. Thomas Brown Over the last three years of product development for this new class of marine insurance we

More information

MERGERS & ACQUISITION QUESTIONNAIRE

MERGERS & ACQUISITION QUESTIONNAIRE Patrick J. McDonough Insurance Recovery Group mcdonoughp@howrey.com MERGERS & ACQUISITION QUESTIONNAIRE GENERAL 1. Name and address of acquisition, effective date and percentage of ownership. 2. Type of

More information

THOMAS F. McCAFFERY. Weapons Logistics / Logistics Officer Operations and Plans Officer Security Clearance TOP SECRET

THOMAS F. McCAFFERY. Weapons Logistics / Logistics Officer Operations and Plans Officer Security Clearance TOP SECRET THOMAS F. McCAFFERY EDUCATION, TRAINING, LICENSES and DESIGNATIONS MBA, Georgetown University, International Business, 2001 U.S. Naval War College, College of Naval Command and Staff, 1991 B.S., with Honors,

More information

TEACHER & LEARNING ACTIVITIES THE IMPORTING PROCESS

TEACHER & LEARNING ACTIVITIES THE IMPORTING PROCESS SECTION TEACHER & LEARNING ACTIVITIES This activity allows students the opportunity to examine in detail the processes that must be completed to facilitate the successful and safe importation of freight

More information

CONTENTS TRAFFIC ACCIDENTS AND SAFETY POLICIES INTRODUCTION BOOK 1 TRAFFIC ACCIDENTS

CONTENTS TRAFFIC ACCIDENTS AND SAFETY POLICIES INTRODUCTION BOOK 1 TRAFFIC ACCIDENTS CONTENTS TRAFFIC ACCIDENTS AND SAFETY POLICIES INTRODUCTION 1. General Accident Statistics 3 2. Promotion of Traffic Safety Policy and Accident Trends 3 3. The Future Direction of Traffic Safety Measures

More information

The Journal of Science Policy & Governance

The Journal of Science Policy & Governance The Journal of Science Policy & Governance POLICY MEMO: INCREASING SUSTAINABLE BIOMASS THROUGH PRODUCTION TAX CREDITS BY Ashley Paulsworth ashley0paulsworth@gmail.com Executive Summary As various tax credits

More information

www.atlanticintracoastal.org The Atlantic Intracoastal Waterway is a continuous sheltered waterway used by commercial and private shallow draft vessels. The US Army Corps of Engineers maintains the Waterway

More information

MARINE INSURANCE. F.O.R. (Free on Rail) This is same as F.O.B. but it concerns mainly the internal trade transactions.

MARINE INSURANCE. F.O.R. (Free on Rail) This is same as F.O.B. but it concerns mainly the internal trade transactions. MARINE INSURANCE Introduction of the subject: Importance of Marine insurance in commerce; Marine insurance plays a very important role in the field of overseas commerce and internal trade of a country.

More information

Common Sense Economics Part II. Seven Major Sources of Economic Progress Practice Test Multiple Choice Questions

Common Sense Economics Part II. Seven Major Sources of Economic Progress Practice Test Multiple Choice Questions Common Sense Economics Part II. Seven Major Sources of Economic Progress Practice Test Multiple Choice Questions 1. Why is private ownership an important source of economic prosperity? a. It eliminates

More information