Trump to extend Jones Act shipping waiver for oil, fertilizer by another 90 days
BLOOMBERG.COM
'foreign-flagged'
SUMMARY

President Donald Trump has decided to extend a Jones Act waiver for another 90 days, giving energy companies and traders more time to ship oil, fuel and fertilizer between U.S. ports on foreign-flagged vessels.

The administration aims to lower fuel costs. The century-old law generally requires ships carrying cargo between U.S. ports to be built, owned and registered in the United States and crewed by Americans.

The previous extension took effect on August 17 and required approval for each voyage. Requests had to identify the ship, its flag, owner and operator, the cargo, and the ports of loading and discharge.

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