The Jones Act and the Nightmare Scenario/Trade on the Danube & the Black Sea/China's COVID Lockdowns
What's Going on With Shipping's Sal Mercogliano - former merchant mariner and maritime historian at Campbell University - appears on Freightwaves Now on May 18, 2022 to discuss the fuel shortage and escalating fuel rates in the United States, particularly the Northeast at the start of the summer. There is also a discussion about the role of the Jones Act, specifically Section 27 of the Merchant Marine Act of 1920, in the transfer of gas, diesel, and oil in the protected coastwise trade (cabotage) of the United States. Additionally, there is a discussion about the use of the Danube River to export Ukrainian wheat and grain, along with the COVID lockdowns in China and its impact on global trade.
