Fredriksen sells seven dry bulk vessels at big profit

John Fredriksen's shipowner SFL Corp sells seven dry bulk vessels to Asian buyer for around USD 100 million, nearly a doubling of the purchase price, writes Finansavisen.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

John Fredriksen sells seven dry bulk vessels via shipowner company SFL Corp to an Asian buyer – and the Norwegian-Cypriot shipping magnate makes bank in the deal.

The seven dry bulk vessels have been sold for a total price of USD 100 million, while figures from VesselsValue show that the ships were purchased for USD 54 million in September 2020, writes Norwegian business media Finansavisen.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs