The Bahamas-based Sterling Financial Group Inc announced in February the launch of its third offshore mortgage fund, New Providence Income Fund Ltd – a Cayman Islands domiciled and regulated fund.

Ultrapetrol (Bahamas) Ltd, an industrial transportation company serving marine transportation needs in three markets (river business, offshore supply business, and ocean business), announced yesterday that it will release its fourth quarter 2011 financial results on March 15, 2012, after the market closes.