U.S. East Coast pushing for waiver to obtain gasoline shipments

The commodities trading house Gunvor SA wants 13 million gallons of gasoline delivered to the U.S. East Coast, but they need to waive the Jones Act to do so. The delivery would be made with a foreign-flagged tanker and the Jones Act requires that cargo shipped between two points in the United States must be transported on ships owned and operated by U.S. citizens, made in the U.S., and housed in the U.S.

The U.S. Customs and Border Protection receives any request to waive the Jones Act and the Secretary of the Department of Homeland Security (DHS) also reviews. Waives have been issued in the past in times of crisis, such as the Colonial Pipeline cyberattack in 2021 and in the wake of hurricanes.

Read more from G Captain ▶

Previous
Previous

Chinese reveal largest shipping vessel on record

Next
Next

Robotics sales grew 27% in 2021