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US east coast Colonial pipeline resumes operations after cyber-attack

Jones Act waiver granted to one company as 5,500-mile refined products pipeline in the US restarts operations five days after ransomware attack

Transatlantic tanker rates have steadied, with fixtures agreed earlier this work to ship gasoline and other refined products to the US east coast not going ahead as urgency abates with pipeline restart

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US considers Jones Act waiver amid pipeline crisis

A waiver of the Jones Act would allow foreign tankers to carry petroleum products up the eastern seaboard from the Gulf coast as panic-buying threatens to exacerbate the supply shock in the US southeast

Pipeline cyber attack triggers transatlantic tanker boost

Transatlantic daily tanker earnings surge 117% in one day to nearly $20,000 as traders seek medium range tankers to refined product shipments into Atlantic coast

US continues to see Jones Act as key for trade and security

‘The Jones Act ensures that we don't lose our domestic ship building capability,’ US Secretary of Transportation Pete Buttigieg told Congress. ‘If we lose our national maritime industry, it might not return and the consequences would be devastating’

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