ShippingWatch

Ziton's board open to potential sale

The board of directors at Ziton has launched a strategic process with a possible sale on the table. Despite growing both revenue and operating result in the second quarter, the wind carrier booked a deficit on the bottom line.

Photo: PR / Ziton

A sale of private equity-owned wind carrier Ziton is currently being explored as one of several future opportunities.

In the beginning of August, the carrier's board of directors hired the company Evercore as a financial advisor to review the various strategic options that will "maximize the shareholder value."

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Trial banner

Latest news

See all jobs