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USNS Comfort

Stocks Rise for Foreign Flag Cruise Ships Anticipating Bail-Out Funding Proposed by President Trump As the American Merchant Marine Declines Past Point of Pentagon Strategic Needs

In a bittersweet irony for the American merchant marine, stocks of foreign-flag cruise vessels shot up yesterday in anticipation of

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Project Lighthouse: New Study of US Jones Act Ships Finds Some with “High-Risk Probability for Severe Accidents and Casualties” that “Require Immediate Action to Control the Potential Hazard…”

A new maritime risk ratings study by this column of “Jones Act” ships designated as “militarily useful” shows that half the ships are far riskier than similar vessels in the world fleet – and two are rated as so risky that the agency advises such ships generally “require immediate action to control the potential hazard.”

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