Riverstone Commits $200M to Connecticut Shipping Startup

"Crude-oil and product tankers are an essential component of the rapidly evolving and critical global energy logistics system, and we believe the sector's immediate and long-term fundamentals provide the potential for entry, growth and attractive returns," Riverstone partner John Lanc...

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Bibliographic Details
Published inLBO Wire
Main Author By Ryan Dezember
Format Trade Publication Article
LanguageEnglish
Published New York Dow Jones & Company Inc 11.04.2013
Subjects
Initial public offerings
Investment policy
Private equity
Shipping industry
Startups
United States > US
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Summary:"Crude-oil and product tankers are an essential component of the rapidly evolving and critical global energy logistics system, and we believe the sector's immediate and long-term fundamentals provide the potential for entry, growth and attractive returns," Riverstone partner John Lancaster said in the written statement.