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Discussion regarding shipping, specifically addressing cargo/container shipping. The Jones Act requires shipping between two US ports utilize vessels built, owned, and operated by Americans. Today, less than 1% of the world's ships are built in the US. We will discuss the Jones Act, revitalizing the US shipbuilding industry, innovative and green practices in the building and operation of cargo vessels, and opportunities that may arise if the US built and operated small and large container ships domestically, including our territories like Puerto Rico and Guam.
Discussion regarding shipping, specifically addressing cargo/container shipping. The Jones Act requires shipping between two US ports utilize vessels built, owned, and operated by Americans. Today, less than 1% of the world's ships are built in the US. We will discuss the Jones Act, revitalizing the US shipbuilding industry, innovative and green practices in the building and operation of cargo vessels, and opportunities that may arise if the US built and operated small and large container ships domestically, including our territories like Puerto Rico and Guam.