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Florida Marine Transporters LLC Holdings has completed a refinancing with a unit of TCW Asset Management Company LLC.
Investment bank Carl Marks Advisors announced that they facilitated the transaction.
Headquartered in Mandeville, La., FMT is one of America’s largest independent, family-owned, Jones Act compliant ocean carriers providing transportation services for liquid petrochemical, chemical cargo and dry cargo on the inland waterways of the United States. primarily the Gulf Intercoastal Waterway and the Mississippi River System. The company operates more than 100 ships and 950 barges.
Source: News Network
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