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US grants Jones Act waiver to company to ease fuel supply shortages

by capitalizefinancial
May 13, 2021
in Sports
0
US grants Jones Act waiver to company to ease fuel supply shortages

The U.S. Department of Homeland Security has approved a Jones Act waiver request to an individual company to ease fuel supply constraints between Gulf Coast and East Coast ports, Secretary Alejandro Mayorkas said in a statement.

The Jones Act requires goods moved between U.S. ports to be carried by ships built domestically and staffed by U.S. crews.

Privately owned Colonial Pipeline began to slowly restart the nation’s largest fuel pipeline network on Wednesday after a ransomware attack shut the line, triggering panic buying and fuel shortages in the southeastern United States.

But it will take several days to return to normal operations.

Mayorkas did not name the company to which the temporary and targeted waiver was granted, and said the approval was given in the interest of national defense, after consulting the Departments of Transportation, Energy, and Defense.

“This waiver will help provide for the transport of oil products between the Gulf Coast and East Coast ports to ease oil supply constraints as a result of the interruptions in the operations of the Colonial Pipeline,” he said.

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