The maritime finance group of First Citizens Bank provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of the MV Green Power, a 40,000 cbm ammonia carrier. read more

MAR 7, 2023 - 6:52 am

CIT’s maritime finance business increased its financing of Crowley, a global shipping and logistics company, to a total of $57 million as part of a larger credit facility. This financing applies to multiple Crowley vessels. read more

JUN 9, 2022 - 7:22 am

CIT’s maritime finance business increased its financing for Polska Zegluga Morska Capital Group (Polsteam Group) by $10 million through a secondary purchase. The loan increases CIT’s total financing commitment to the client by about 50%. read more

MAY 6, 2022 - 7:27 am

CIT’s maritime finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II. read more

JAN 19, 2021 - 7:10 am

CIT Group’s Maritime Finance business, part of its Commercial Finance division, served as sole lead arranger on $28 million refinancing for Valloeby Shipping. read more

AUG 14, 2020 - 7:12 am

CIT Group’s Maritime Finance business led the arrangement of $56 million in financing toward the acquisition of two large commercial shipping tankers. read more

JAN 9, 2020 - 5:45 am

CIT Group named Evan Cohen as managing director and group head for its Maritime Finance business. read more

NOV 13, 2018 - 6:50 am