Ziton after new owner and capital structure: "It’s important that we brought things into order"

Strained Danish wind carrier Ziton has just secured itself a new capital structure after several years of considerable losses. In an interview with ShippingWatch, CEO Thorsten Jalk deems the new deal a strong solution here and now.

”We can’t say what will happen in the future, but we feel it’s a strong solution that has been found," says Ziton CEO Thorsten Jalk. | Photo: Danske Rederier

After months of uncertainty regarding wind carrier Ziton’s future, the forward-going business has finally been sorted out.

This occurred Friday when Ziton announced that it had succeeded in landing a rescue plan in collaboration with lenders and shareholders ensuring the company a new capital structure and furthermore a new majority owner after several years with private equity firm BWB Partners as majority shareholder.

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