CIT Group Launches Blue Water Vessel Financing Group
CIT Group launched CIT Maritime Finance to originate and underwrite blue water vessel financing, it said. Svein Engh was appointed managing director and group head of the business. CIT Maritime Finance will offer senior secured loans, sale-leasebacks, and bareboat charters…
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to owners and operators of oceangoing cargo vessels including tankers, bulkers, container ships, car carriers, as well as offshore vessels and drilling rigs, it said.