Tanker

John Frederiksen's ADS Crude Carriers open to buy more ships

Norwegian tanker company ADS Crude Carriers will look favorably on a fleet expansion if the right opportunities arise. The company reports a weaker tanker market in the second quarter but is confident in a 2020 effect.
Photo: Euronav
Photo: Euronav
by CHRISTIAN CARLSEN

Small Norwegian tanker company ADS Crude Carriers, partly owned by John Fredriksen, looks favorably on expanding its fleet, which currently consists of three VLCCs, if the right opportunities present themselves, the company informs in its first quarter financial report.

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