The Jones Act waiver for Puerto Rico just expired and won’t be renewed

HuffPost reports: The Jones Act waiver for Puerto Rico expired on Sunday night and “it is not being extended at this time,” Department of Homeland Security spokesman David Lapan told HuffPost on Monday.

DHS had temporarily waived the Jones Act ― an arguably outdated law that imposes exorbitant shipping costs on the U.S. island ― on Sept. 28. The waiver has meant that Puerto Rico has been able to import food, fuel and supplies more quickly, and for half the costs, in the aftermath of Hurricane Maria.

With the 1920 law back in effect, the island will go back to paying much higher shipping costs to import supplies. The Jones Act requires that all goods shipped between U.S. ports be carried by American-owned and operated ships, which are more expensive vessels than others in the global marketplace. That’s meant that Puerto Rico pays double the costs for goods from the U.S. mainland compared with neighboring islands ― and that U.S. vessels are making bank. [Continue reading…]

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