CIT Group Inc. (NYSE: CIT) announced yesterday that its Maritime Finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk Holdings, a leading dry bulk shipping operator, will use the loan to refinance existing debt on its fleet of seven Handymax vessels. “Demand for commodities transport increases …
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Author: Capt. John
https://www.hellenicshippingnews.com/cit-provides-42-million-in-financing-for-dry-bulk-fleet/