Junk (ship) Junk (ship) Junk is a type of ancient Chinese sailing ship that is still in use today. Junks were used as seagoing vessels as early as the 2nd century AD and developed rapidly during the Song dynasty (960–1279). They evolved in the later dynasties, and were used throughout Asia for extensive ocean voyages. They were found, and in lesser numbers are still found, throughout South-East Asia and India, but primarily in China. Found more broadly today is a growing number of modern recreational junk-rigged sailboats. The term "junk" may be used to cover many kinds of boat—ocean-going, cargo-carrying, pleasure boats,
Trimaran Capital Partners a considerable boost for its investment banking operations in the U.S. and for Bloom, Heyer and Kehler. In fact, CIBC’s gain on its investment in Global Crossing would represent more than 20% of the bank's profits in 2000. Trimaran was founded in 2000, effectively on the back of the success of the Global Crossing investment. In April 2001, Trimaran closed on a $1 billion fund with capital provided primarily by CIBC. The investment banking operations of CIBC World Markets reached their peak in 1999 and 2000, when the bank cracked the top ten of U.S. issuers of high yield bonds