Mara QuinnWelcome to The Jones Act Desk for September twenty-third, twenty twenty-six. I'm Mara Quinn, joined by Eli Grant and Ada Hale. We begin with a search and rescue operation.
Eli GrantThe Coast Guard launched a search and rescue effort. They contacted the Jones Act product tanker American Phoenix for assistance.
Ada HaleUS-flagged Jones Act ships average 11 to 12 years old. They cost about three times foreign levels to build. Repeal could save $1.91 billion a year in shipping costs.
Eli GrantSCA President Matthew Paxton stated that two leaders, Rhatigan and Goddard, will strengthen the nation's shipyards. This will keep U.S. shipbuilding capabilities domestic.
Ada HaleA Puerto Rico official would not confirm if the Energy Czar still has the governor's support. Accountants urged that fuel tax changes remain part of a broader reform.
Eli GrantThe Puerto Rico Fiscal Oversight and Management Board recommended a new hurdle for the power authority. They suggest taking over procurement or restarting bidding.
Mara QuinnThat's a look at today's top stories. Thank you for joining us on The Jones Act Desk.