New Jersey-based vessel manager Mjolner Shipping Solutions is expanding its cooperation with MID-SHIP Capital with a new investment fund focusing on the clean-products market.

It is the second fund launched by the parties at a time when there is significant optimism over a revived products market heading into the IMO 2020 emissions deadline.

As TradeWinds has reported, Mjolner and MID-SHIP, a merchant bank, first teamed up in 2017 with an initial fund focusing on the crude sector.