US President Donald Trump’s administration has slowed the introduction of a proposed rule change that the offshore sector fears could hit the operation of foreign-flag construction vessels in US waters.
The decision comes after the International Marine Contractors Association (IMCA) and oil majors lobbied in response to a US Customs & Border Protection (CBP) proposal, formalised in the last days of former president Barack Obama’s administration, to sweep aside years of rulings classifying key items as “equipment” rather than “merchandise”.
Giving
