Dozens of private-equity firms are looking for opportunities to break into the Jones Act products tanker market but only a handful have taken the plunge.
Today, the list of most recent entrants includes the likes of Avista Capital Partners and US compatriot Apollo Global Management.
Avista shelled out $150m for a non-controlling interest in an alliance with Seacor Holdings, the New York-quoted parent of Seabulk Tankers, back in May.
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