We all know things are getting more expensive, so could the next MR product tanker carry a price tag of $200m?
When it comes to the US Jones Act, that could be a reality, according to David St Amand, president of Navigistics Consulting.
The Massachusetts-based consultant floated the figure in a review of the US cabotage tanker and articulated tug-barge (ATB) market on Wednesday at Marine Money’s first Marine Finance Forum in New Orleans.