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Danske Bank: Fredriksen makes bulk giant strong

Danske Bank estimates that the merger between Golden Ocean and Knightsbridge Shipping will do well due to the force behind the carriers: John Fredriksen.

Photo: Richard Drew/AP/POLFOTO/arkiv

The merger between John Fredriksen's dry bulk carriers Knightsbridge and Golden Ocean will create a major player in the segment, says Danske Bank the day after the merger was announced.

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