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World Economic Forum wades into Jones Act debate

Friday, February 01, 2013

The World Economic Forum (WEF), as part of a report released last week on the benefits of reducing supply chain barriers , is criticizing maritime cabotage laws, particularly those in the United States and China. The U.S. cabotage law, namely the Jones Act, requires that vessels transporting goods or passengers between two points in the United States or engaging in certain activities in U.S. waters must be U.S.-owned, U.S.-built, and U.S.-crewed. “Though jus...

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