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Fredriksen company closed 2018 with purchase of several container ships

On New Year's Eve, John Fredriksen's investment unit finalized an acquisition of two new container ships. The ships will be chartered out to an unnamed company, but the transaction will strengthen Ship Finance International's "relationship with one of the world's largest liner companies," says CEO.

During 2018, John Fredriksen's investment company Ship Finance International on several occasions invested in the container market, on the last day of the year the company struck again.

Fredriksen-owned Ship Finance International says in a press release that the company has acquired two container ships of 19.400 teu apiece. Ship Finance International also informs that an unnamed company has chartered the two ships on contracts running until 2033. According to Ship Finance International CEO Ole Hjertaker, the transaction "broadens our relationship with one of the world’s largest liner companies." The deal is worth USD 470 million.

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