Ziton gets fresh millions from owners and asks creditors for patience

Ziton gets new capital from its equity fund owner and asks for deferral on debt totaling MIO 125 after a challenging 2019. "We've opted to stay abreast of the situation," says CEO.

Photo: PR / Ziton

Offshore vessel operator Ziton gets fresh funds from its owners and asks creditors to have patience in terms of debt repayment.

The move is to help the shipping company through a period in which powerful winter storms have put projects on hold and strained the finances of the equity fund-owned company.

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