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New Jones Act Tankers Are Great for Traders, Lousy for Owners

By Laura Blewitt (Bloomberg) — Once rare American-built oil Tankers are now plentiful, changing U.S. gasoline flows and giving shipowners headaches. These brand-new tankers have names like American Endurance, American Freedom, American Liberty and American Pride painted on their sterns. They’re part of a growing fleet of so-called Jones Act ships, named for a law […]

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This post first appeared on GCaptain - Maritime News, please read the originial post: here

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