In the above video, Robert Kunkle, Technical Advisor at Mid Ocean Tanker Company (MOTC) talks with CNBC about the impact of Hurricane Sandy to the tanker trade in and out of the Port of New York and New Jersey.
Yesterday, MOTC’s Jones Act tanker, the American Phoenix, was steaming north to New York with a full cargo of West Texas Sweet Crude, however as of this morning, she is moored in Delaware Bay while the Port of New York and New Jersey reopens to commercial traffic.
The following is a video of the American Phoenix being launched from BAE Systems’ Alabama shipyard.
The Trump administration’s decision to extend its Jones Act waiver for another 90 days is drawing sharply divided reactions, with U.S. maritime and shipbuilding groups welcoming new restrictions on foreign...
President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships to transport oil and other commodities between U.S. ports, but imposed new limits after shipbuilders and their allies in Congress argued the policy was undermining the domestic maritime industry, the White House said.
ByJames L. Henry – For more than 130 days, President Trump has waived the Jones Act, letting foreign ships carry cargo between American ports. Supporters of the waiver call this...
July 28, 2026
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