Fredriksen company buys ships from Fredly's Hunter Group

Norway's Hunter Group has sold three VLCCs to John Fredriksen-controlled Ship Finance International in a leaseback transaction.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

by CHRISTIAN CARLSEN

Norwegian tanker venture Hunter Group, controlled by Arne Fredly, has sold three VLCC tanker vessels to John Fredriksen's Ship Finance International for USD 60 million apiece.

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Fredriksen company buys ships from Fredly's Hunter Group

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Hunter raises earnings and negotiates new ship sale

Here are Frontline's most obvious acquisition targets

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Front page now

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

Broker sees benefits in Fredriksen's possible purchase of rival's tankers

Carriers go their separate ways on climate quotas

Russia takes more risks by increasing shipping on Arctic route

Everfuel and French fund to invest EUR 200m in hydrogen through joint venture

Gram Car Carriers lands multi-year contract worth USD 114m

Mississippi River waters dip toward record low in threat to US crop exports

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

Further reading

Carriers go their separate ways on climate quotas

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs