Phillips 66 charters foreign vessel after Jones Act waiverStaff Writer | September 16, 2017
Phillips 66 has chartered a Marshall Islands-flagged vessel, making use of a temporary waiver of the Jones Act that was put in place to meet fuel shortages in the wake of hurricanes Harvey and Irma, Argus Media reported.
Energy The nearly 100 year-old law
The nearly 100 year-old law mandates the use of U.S.-flagged vessels to transport merchandise between U.S. coasts.
Last week, the U.S. Homeland Security Department had waived the law for a week, the first such waiver since December 2012 after Hurricane Sandy.
The department said earlier this week that it was extending the temporary waiver until September 22.
Phillips 66 had requested a waiver to allow it to use foreign vessels to move crude or products to and from its 260,000-barrel-per-day Alliance refinery after Hurricane Harvey. ■