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Impact of Modifying the Jones Act on US Coastal Shipping
| 题名： | Impact of Modifying the Jones Act on US Coastal Shipping |
| 作者： | Ashar, A.; Amdal, J. R. |
| 关键词： | Shipping##Marine transportation##Cargo transportation##Case studies##Coasts##Competitiveness##Containers##Costs##Financial management##Harbors##International trade##Maintenance##Rail transportation##Ships##Taxes##Trucks##Jones Act##Harbor Maintenance Tax(HMT)## |
| 摘要： | The study assesses exempt coastal shipping defined as exempted from the US-built stipulation of the Jones Act, operating with functional crews and exempted from Harbor Maintenance Tax (HMT). The study focuses on two research questions: (a) the impact of the US-built exemption on the cost of coastal shipping; and (b) the competitiveness of exempt services. The assessment is based on three typical case studies, the first two involving short and long-range services for domestic cargoes (containers and trailers) provided by RoRo ships; the third, short-range feeder service for international containers provided by LoLo ships. The study finds that building coastal ships in foreign yards could save about 40% of the capital cost of the RoRo ships and 60% for the LoLo ships. However, due to favorable financing terms for using US shipyards (Title XI), the savings in capital cost would only amount to 13%, 11%, and 4% reductions in door-to-door shipping cost for the three case studies. Because of these minor reductions, along with other structural factors, the study concludes that exempt coastal services in all three case studies are uncompetitive with present truck and rail services. |
| 总页数： | 117 |
| 报告类型： | 科技报告 |
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