American Seafoods Company fights giant Jones Act penalties
The extraordinary story of seafood shipper American Seafoods Co, which transports fish and other seafoods ...
MAERSK: GOODBYE SCHENKERBA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEAL
MAERSK: GOODBYE SCHENKERBA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEAL
The Jones Act has had its naysayers and proponents for years. But as the world changes, particularly in regard to security and geopolitical threats, this article argues that retaining the Jones Act, and building a fleet, is key to US security and its increasing mistrust of China. “In contrast to China’s increasing ability to weaponise international maritime supply chains, existing law prevents China or its proxies from manipulating or weaponising US domestic maritime supply chains,” notes the conservative Hudson Institute.
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