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    Buoyant US oil tanker trades: getting in on the Jones Act

    July 18, 2013
    SeaNews
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    Buoyant US oil tanker trades: getting in on the Jones Act
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    Those US tanker owners with a toe in the Jones Act market are counting themselves lucky. In contrast to the international tanker arena, which is overtonnaged and facing several more years of desultory returns, the domestic US tanker trades are booming. US oil production is rising and expected to average 7.3 million barrels per day (bpd) this year,

    Those US tanker owners with a toe in the Jones Act market are counting themselves lucky. In contrast to the international tanker arena, which is overtonnaged and facing several more years of desultory returns, the domestic US tanker trades are booming. US oil production is rising and expected to average 7.3 million barrels per day (bpd) this year,

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