THEJONESACT:ACOMMERCIALANDPUBLICPOLICYSUCCESSInternationalPropellerCluboftheUnitedStatesRIVERSOFTRADE:LINKINGAMERICA'SHEARTLANDTOTHEWORLDDarrellConnerGovernmentAffairsCounselor,K&LGatesLLPPhone:202-661-6220ACommercial&PublicPolicySuccessEconomicImpact$92.5BILLIONineconomicoutput$29.0inlaborincomeBILLION$9.9BILLIONintaximpact478,440JOBSNationalSecurity“PreservingastrongU.S.-flagcommercialfleetisalsoanimportantcomponentofourstrategicsealiftcapability.〞

GeneralWilliamFraserIII,thenCommander,U.S.TransportationCommand,February2021“ItisthesenseofCongressthatUnitedStatescoastwisetradelawspromoteastrongdomestictrademaritimeindustry,whichsupportsthenationalsecurityandeconomicvitalityoftheUnitedStatesandtheefficientoperationoftheUnitedStatestransportationsystem.〞HomelandSecurity“ThetaskofsecuringU.S.seaportsandforeigncargoesisdauntingbyitself.…WeretheJonesActnotinexistence,DHSwouldbeconfrontedbythedifficultandverycostlytaskofmonitoring,regulating,andoverseeingallforeign-controlled,foreign-crewedvesselsininternalU.S.waters.〞Dr.DanielGoure,October2021DomesticIndustryGrowingCrudeoilrevolutioncontinuestoexplodeChangingTransportationNeeds“Whathashappenedinshaleplaysacrossthecountryhasstoodthetransportationnetworkonitsear.〞RichardKinderCEOandChairmanoftheBoardSignificantIncreasesinCBR9,500RailCarscarryingCrudeoilin2008RailCarscarryingCrudeoilin2013400,000+2008NewOpportunitiesGulftoUSACMidwesttoGulfSource:EIAMbblsMbblsAGROWthTRENDforwaterborneShipbuildingBoom10AMERICANMARITIMEPARTNERSHIPTanker/ATBConstructionSurgeCarrierShipyardOrderEst.DeliverySeaRiverMaritime,Inc.AkerPhiladelphiaTwo115,000DWTproducttankers2014AmericanPetroleumTankersGeneralDynamicsNASSCOFive50,000DWTLNG-conversion-readyproducttankerswith330,000barrelcapacity2015/2017CrowleyMaritimeCorp.AkerPhiladelphiaFour50,000DWTproducttankerswith330,000barrelcapacity2015SeabulkTankers,Inc.GeneralDynamicsNASSCOThree50,000DWTproducttankerswith330,000barrelcapacity2015BouchardTransportationCo.,Inc.VTHalterMarine,Inc.Two250,000barrelcapacityarticulatedtugbarges2015KirbyOffshoreMarineGundersonMarineTwo185,000barrelcapacityarticulatedoceangoingoilandchemicaltankbarge2015MoranTowingCorp.BayShipbuildingCompanyTwo150,000barrelandone110,000barrelcapacityarticulatedtugbarges2015SeabulkTankers,Inc. DonjonShipbuildingOne185,000barrelcapacityarticulatedtugbarge2016PhillyTankersAkerPhiladelphiaTwo50,000DWTLNG-conversion-readyproducttankers2016/2017KirbyCorporationBayShipbuildingCompanyTwo155,000barrelcapacityarticulatedoceangoingoilandchemicaltankbarge2016/2017InlandTankBarges#Deliveredin2013Capacity(bbls)24130,000120,000117,500117,000116,0009110,000In2021,336inlandtankbargesweredelivered,collectivelyadding8,210,500barrelsofcapacity.TheBigMythDOMESTICINTERNATIONALGovernedbyDomesticLawsGovernedbyFlagStateComparingForeignFlagtoU.S.FlagVesselsisComparingApplestoOranges!13AMERICANMARITIMEPARTNERSHIPJonesActSupportRunsDeep“MybossisontherecordsupportingtheJonesAct,andsoamI,”TransportationSecretaryAnthonyFoxx“ThisisaveryexcitingtimeforAmericanmaritime…IappreciatethemanybenefitsofJonesActandthisvibranthomegrownAmericanindustry.”–HouseTransportationCommitteeChairmanBillShuster(R-Pennsylvania).APublicPolicySuccessSupportsU.S.economic,homelandandnationalsecurityatnocosttogovernmentEnsuresdomesticdefenseshipyardindustrial