BB&T EQUIPMENT FINANCE CORP.

BB&T Equipment Finance Corp. is a subsidiary of Truist Financial Corporation, which emerged from the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks in December 2019. The combined entity, Truist Financial, is one of the largest financial services companies in the United States.


BB&T Equipment Finance Corp. specializes in providing equipment financing solutions to businesses across various industries. Their offerings typically include:



  1. Leasing and Financing Solutions: Customized leases and loans structured to meet the capital expenditure needs of businesses.



  2. Vendor Financing Programs: Partnerships with equipment manufacturers and dealers to provide financing options to their customers.



  3. Industry-Specific Financing: Tailored financing products designed to meet the unique needs of different industries such as construction, healthcare, transportation, and agriculture.



  4. Flexible Payment Structures: Various payment options and terms to match the cash flow and budgetary needs of their clients.



  5. Asset Management Services: Assistance with managing and tracking the life cycle of financed equipment.




BB&T Equipment Finance Corp. is known for its customer-centric approach, focusing on building long-term relationships with clients by understanding their specific needs and providing tailored financial solutions.


As part of Truist Financial, BB&T Equipment Finance Corp. benefits from the extensive resources and financial strength of its parent company, allowing them to offer competitive rates and innovative financial products. For the most up-to-date information on BB&T Equipment Finance Corp., it would be advisable to visit Truist Financial Corporation's official website or contact their customer service.


Ships

AURA

Tug | Flag: United States of America | Port: Port Everglades, FL

ATLAS

Tug | Flag: United States of America | Port: Port Everglades, FL

Maritime News

Shipbuilding - JV Company Orders Containership Pair

Shipbuilding - JV Company Orders Containership Pair

yesterday
ElbFeeder, a joint venture of the Icelandic transportation company Eimskip and German listed ship-owner Ernst Russ, signed contracts for a pair of 2,280-TEU container vessels with the shipyard China Merchants Jin Ling Shipyard (Nanjing) Co. Ltd. The newbuildings will be an addition to the ElbFeeder joint venture and expand it to a total of nine vessels. Options for two additional vessels were negotiated.The newbuildings will be employed in the Eimskip Blue Line between Reykjavik and Rotterdam for an initial 10-year period through a time-charter agreement signed in combination with the newbuilding contract.
Trump Administration Drops Gauntlet on UN Fuel Rules, Threatens Tariffs

Trump Administration Drops Gauntlet on UN Fuel Rules, Threatens Tariffs

yesterday
The United States has told countries to reject a United Nations' marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters.The Trump administration is looking to boost U.S. economic might, including by taking a bigger role in global shipping, and has used tariffs as a weapon to extract better terms from Washington’s trade partners.In April, countries struck a draft agreement through the U.N.'s International Maritime Organization (IMO) that would impose a fee on ships that breach global carbon emissions standards.
Second-hand Containership Prices Soar in the Face of Soft Shipping Rates

Second-hand Containership Prices Soar in the Face of Soft Shipping Rates

yesterday
Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average per TEU price of a basket of seven five-year-old container ships was $9,761/TEU in late August 2024. Since then, the price has risen to $10,758/TEU at the beginning of 2025 and to $11,413/TEU in late August.Feeder ships smaller than 3,000 TEU have seen the highest price increase at an average of 26% year-on-year.
“2 Days, 50 Ports”: New Wave Media Acquires Port of the Future Conference & Exhibition

“2 Days, 50 Ports”: New Wave Media Acquires Port of the Future Conference & Exhibition

2 days ago
New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure, technology, and policy.Under the continued leadership of its founder, Kevin Clement, the event will retain its iconic tagline — “2 Days, 50 Ports” — and continue to convene top-tier port and terminal executives from around the world.The 2026 Port of the Future Conference is scheduled to be held March 23-25, 2026, at the Hilton University of Houston.
HD Hyundai Philippines Cuts Steel on First Vessel

HD Hyundai Philippines Cuts Steel on First Vessel

2 days ago
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has conducted a steel cutting ceremony for a 115,000-ton product tanker at the HD Hyundai Philippines Shipyard in Subic Bay, Philippines.The vessel is the first ship built by HD Hyundai Philippines and is the first in a series of four vessels ordered from an Asian shipping company in December last year.Last May, HD KSOE signed a lease agreement with Cerberus Capital for a portion of the Philippine shipyard site, marking the launch of this second HD KSOE overseas shipyard.