Marketsources tell TradeWinds that American Petroleum Tankers of the US is lookingfor more banks to back its initial public offering (IPO).

While theJones Act product tanker owner has already recruited joint bookrunners theyclaim it is in the market for up to five co-managers.

Whencontacted by TradeWinds about the rumours chief executive Robert Kurz wouldneither confirm nor deny reports about the supposed campaign.

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