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US shipyard enjoys new lease of life

Shale boom and Jones Act save historic Philadelphia Navy Yard

[NEW YORK] The shale boom and the Jones Act are saving shipbuilding at the 213-year-old Philadelphia Navy Yard.

On a part of the grounds now operated by Aker ASA, workers apply a coat of gray paint to the deck of a new 800,000-barrel oil tanker in one dock. The hull of another tanker sits...

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