Bulk

Fredriksen banks on large need for fossil fuels

John Fredriksen still has a lot of faith in the market for oil and coal, and the shipping magnate’s carriers have acquired a high number of tanker and dry bulk vessels. ”I know we are facing a transition to more sustainable growth, but this will take time,” he tells Finansavisen.
Photo: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
Photo: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
by DANIEL LOGAN

Norwegian-Cypriot shipping tycoon John Fredriksen still sees major income opportunities in fossil energy sources such as coal and oil.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs