An outage on a major refined products pipeline in the US may provide a filip to the Jones Act and Atlantic Basin clean products trades.
The Colonial Pipeline, which is actually several pipelines stretching from the US Gulf Coast to the US Northeast, reported a leak on a line that carries gasoline.
While some of the displaced gasoline will be transferred to a line carrying diesel fuel, tanker brokerage MJLF reports that the outage “has been encouraging some Jones Act inquiry to move cargoes from the US Gulf to the Atlantic Coast.”
The
