News & Analysis as of

Merchant Marine Act of 1936

Seward & Kissel LLP

Jones Act: Determining U.S. Citizenship of Public Companies

Seward & Kissel LLP on

The Merchant Marine Act of 1920, commonly known as the “Jones Act” requires that any vessel engaged in the U.S. coastwise trade be owned and operated by U.S. citizens. To qualify as a U.S. citizen under the Jones Act an...more

Willcox & Savage

What is Cabotage and Why Does it Matter?

Willcox & Savage on

Cabotage laws are laws that restrict foreign transportation services within a particular country in favor of domestic services. It is protectionism in its most primary sense and has been part of United States law since the...more

Woods Rogers

U.S. Virgin Islands Open Registry – Ultra Vires and Unconstitutional

Woods Rogers on

This month, the Governor of the U.S. Virgin Islands (“U.S.V.I.”), Albert Bryan Jr., signed an agreement with the Northeast Maritime Institute, a “Private Maritime College,” to establish the first open vessel registry in the...more

Stinson - Corporate & Securities Law Blog

SEC Sanctions Issuer for Misrepresentations Regarding Loan Covenant Compliance

Omega Protein Corporation manufactured and distributed omega-3 fish oils and fish meal products. Omega financed its operations through federal government programs under Title XI of the Merchant Marine Act of 1936....more

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