The US has temporarily lifted Jones Act restrictions for tankers delivering refined petroleum products to East Coast ports following the fuel shortage caused by Hurricane Sandy, causing a rate increase.
Puerto Rico has requested a study into whether it should be exempted from the cabotage restrictions of the Jones Act, but the impact of the findings on potential changes to the legislation are yet to be determined.
A Greek ferry provider has requested that the EU prohibit some benefits for the International Italian Register it claims are giving these ships an unfair advantage in the Adriatic trade.
Greece is considering taxing shipowners on overseas earnings to generate revenue but needs to also consider the impact such a tax would have on maintaining national jobs.
