First Citizens Bank announced its Maritime Finance group, part of the CIT division, arranged to provide Nordic Handysize IV AS, a subsidiary of Nordic Hamburg, $10 million to finance two dry bulk ships.Nordic Hamburg is a full-service ship owner and...
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June 27, 2023, 07:07 AM
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Key Equipment Finance, a division of KeyBank, announced it has served as the lead arranger of a group syndication providing $167.5 million in financing for the Liquefied Natural Gas (LNG) container ship George III, which will join the Pasha Hawaii...
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July 24, 2020, 07:25 AM
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CIT Group Inc. announced its Maritime Finance unit served as sole lead arranger on a $15 million senior secured loan for MRC Maritime Holdings, a ship-owning entity controlled by a private New York City-based investment fund manager.The loan...
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October 11, 2018, 07:15 AM
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DLL has been working successfully with Stena Line, one of the world's largest ferry operators, on a transaction to finance the replacement of their fleet of terminal tractors in 6 of their ports in the Netherlands and the UK. The transaction covers a...
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December 23, 2015, 07:12 AM
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Bloomberg reported that liquefied natural gas will gain a “significant” market share in the transport sector by 2035, according to the International Center for Natural Gas Information.According to the Bloomberg report, demand from road transport...
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September 29, 2014, 06:00 AM
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