House members launch Congressional Maritime Caucus

FEBRUARY 7, 2012 — In an effort to give the maritime industry an ongoing and consistent voice in the House of Representatives, Congressman Cedric Richmond (D-LA) and Congressman Michael Grimm (R-NY) announced

EC approves Finnish aid for clean ships

JANUARY 23, 2013 — The European Commission has found amendments to an existing Finnish scheme supporting investment in cleaner ships to be in line with EU state aid rules. In particular, the

J.F. Lehman & Company acquires IMECO

JANUARY 7, 2013 — J.F. Lehman & Company, which describes itself as “a leading middle-market private equity firm focused on the defense, aerospace and maritime sectors,” says that certain of its investment

CIT Group launches maritime finance business

NOVEMBER 13, 2012 — Svein Engh has been appointed Managing Director and Group Head of CIT Maritime Finance, a new business launched by CIT Group Inc. (NYSE: CIT) to originate and underwrite