Maritime Partners secures new $750M “warehouse” financing facility

Metairie, La.- headquartered Maritime Partners LLC reports that it has successfully closed on a $750 million, first-of-its-kind warehouse facility, which will be collateralized by three wholly owned business lines within one of its managed funds, with a syndicate of lenders led by ATLAS SP Partners.

The initial collateralized portfolio includes Jones Act tankers, U.S. flagged tankers and other vessels for use in coastal and international trade, and in the future will include an additional fleet...

https://www.marinelog.com/inland-coastal/maritime-partners-secures-new-750m-warehouse-financing-facility/

Crucible Engineering to bring FKAB designs to the U.S. market

Seattle, Wash.-based Crucible Engineering LLC has entered a strategic teaming agreement with Uddevalla, Sweden-based FKAB Marine Design, a leading ship design firm based in Uddevalla, Sweden.

This collaboration marks FKAB’s entry into the American market, offering a range of cutting-edge ship, dredge, and barge designs previously unavailable in the U.S.

With over 60 years in the industry, FKAB Marine Design offers a range of ship designs, known for their operational efficiency and environmental...

https://www.marinelog.com/shipbuilding/naval-architecture/crucible-engineering-to-bring-fkab-designs-to-the-u-s-market/