Complex sentence: The American Palestine Line was a steamship company, formed in 1924 in the U.S., for the purpose of providing direct passenger service from New York to Palestine and was reportedly the first steamship company owned and operated by Jews.
Split into simpler sentences: The American Palestine Line was a steamship company, formed in 1924 in the U.S., for the purpose of providing direct passenger service from New York to Palestine. It was reportedly the first steamship company owned and operated by Jews.