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Owner of record-setting tanker seeks refinancing

Record rates for Jones Act ships has raised its valuation
Friday, August 1, 2014 - 06:00

[NEW YORK] The Jones Act tanker that set records for day rates may now be refinanced, as its private equity owner seeks to profit after an unexpected jump in rates for US-flagged ships that could be reaching a plateau, market sources said.The American Phoenix has been inspected and valued since

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