Gunvor Can Deliver 13 Million Gallons Of Gasoline To U.S., But There's Catch

Commodity trading giant Gunvor wants to deliver 13 million gallons of gasoline to the United States, but there’s a catch: they need a Jones Act waiver to do it, Reuters reported on Thursday. Gunvor SA—an independent commodity trader, and a large one at that—has asked the United States for a waiver to the Act, which states that any blending onboard a vessel in a foreign port should not result in a new and different product.

But Gunvor blended the gasoline blendstocks on the BW Egret in Europe. The Geneva-based Gunvor said that…