By LNG World News A bipartisan bill introduced last week is requiring up to 30 percent of U.S. exports of liquefied natural gas (LNG) and crude oil to be transported on U.S.-flagged vessels.
The bill, introduced by congressman John Garamendi and co-sponsored by John Duncan and Duncan Hunter, aims to help the US maritime industry, that, according to Garamendi “is in crisis-level decline.”
He added that after World War II, oceangoing fleet of U.S.-flagged ships numbered 1,200 while now it’s fewer than 80.
Requiring even a minority of strategic energy asset exports to be carried on U.S.-flagged ships will compel the country to rebuild the technical skill
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