Bulk

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
Photo: Ints Kalnins/Reuters/Ritzau Scanpix
by DANIEL LOGAN

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.

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