Stanford Marine Group secures financing from National Bank of Fujairah, gets new board as part of robust growth plans

Capt. John

Stanford Marine Group (SMG), one of the leading offshore services companies in the Middle East, announced yesterday that it has made significant progress in its revitalized growth plans following the completion of the AED 1.13 billion debt buyout by SHUAA Capital psc (SHUAA) earlier this year. Representing the first key milestones on its path to …

The post Stanford Marine Group secures financing from National Bank of Fujairah, gets new board as part of robust growth plans first appeared on Hellen...

https://www.hellenicshippingnews.com/stanford-marine-group-secures-financing-from-national-bank-of-fujairah-gets-new-board-as-part-of-robust-growth-plans/

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