The Jones Act and Offshore Wind in Light of the Aeolus Energy Announcement
A potential sea change came with the recent announcement from Aeolus Energy Partners that the renewable installation and operation company was investing in a fleet of Jones Act-compliant vessels dedicated to the offshore wind industry. Long a barrier to entry for foreign and domestic prospectors alike, the Jones Act, a portion of the Merchant Marine Act of 1920, holds: “A vessel may not provide any part of the transportation of merchandize by water, or by land and water, between points in the United States to which the coastwise laws apply, either directly or via a foreign port [unless the vessel was] built in and documented under the laws of the United States and owned by person who are citizens of the United States.” >click to read<15:03
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