Fredriksen's shipowner only has one concern in offshore after supply vessel exit
John Fredriksen's shipowner SFL Corp sold all its supply ships in the first quarter, and major customer Seadrill wants lowered rates on three rigs. Confidence in offshore is intact, however, although one significant factor still needs to be in place, CEO tells ShippingWatch.
by SØREN PICO
A new and sudden downturn in offshore, an exit from the supply sector for now and an inquiry from major customer Seadrill to lower the rates on three drilling rigs.
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