New York merchant bank Zenith Capital Partners has strengthened its partnership with US tanker manager and charterer Mjolner Shipping through a new investment.
The bank said it has pumped cash into a wholly owned unit of the New York operator that provides cargo finance, insurance and hedging solutions.
The deal builds on a "strong relationship" with Mjolner Shipping established in 2017 with the launch of Mjolner Solutions, a fund focused on trading crude and product tankers.
