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.
Congressional scrutiny of the Trump administration’s Jones Act waiver is growing, with Rep. Salud Carbajal (D-Calif.) demanding answers about whether foreign vessels operating in domestic U.S. trades are complying with...
The number of foreign-vessel voyages missing from federal Jones Act waiver records appears to be larger than previously known, with new analysis identifying at least 15 movements that never showed...
Commodity trading giant Trafigura is launching a new tanker company with plans to raise about $500 million and list the business in Oslo, opening its growing VLCC fleet to outside...
September 21, 2026
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