Home About UsPublicationsForumsConsultingContact Us
Back to Earlier Search Results New Search Logout

Links

CMA Shipping 2011

Marine Money Forums

Marine Money Asia Week

Freshly Minted Newsletter

Marine Finance Dashboard

Leveling the Playing Field

In the world of shipping, the Jones Act, like Rodney Dangerfield, gets no respect. It is only of interest to the parties involved, not many, and like most protected trades it is at best a political minefield. In political speak, participants in the trade are compensated for the higher costs of construction and labor in the U.S. in order to maintain a fleet of merchant vessels for our defense. The political reality however is that it is in fact a jobs program. And there is nothing wrong with that, except for the burden the inefficiencies put on the taxpayer. As a self-contained system it works. But what of the player, who operates both in the Jones Act and internationally.

This is only an excerpt of Leveling the Playing Field

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login

Username
Password
 


Related Archive Files

  • No Related Post

Written by: | Categories: Freshly Minted, Market Commentary | May 12th, 2011 |

Tags: · , ,

Leave a Reply

You must be logged in to post a comment.

Copyright 2008. Marine Money. All Rights Reserved.