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regulatory · April 28, 2026

Trump Administration Extends Jones Act Waiver for 90 Days

The Trump administration has temporarily extended the Jones Act waiver, permitting foreign vessels to carry oil and gas between U.S. ports for an additional 90 days. The waiver addresses ongoing constraints in domestic maritime capacity.

By MGN Editorial

freight · April 25, 2026

Shipping Market Faces Headwinds as Container Rates Slip Again

Container spot rates and time charter assessments show continued weakness this week, with the Drewry World Container Index declining to $2,232/40ft amid broader economic pressures. Green energy investments offer a counterbalance to softer near-term shipping fundamentals.

By MGN Editorial