Frontline sells four vessels to Fredriksen's shipowner
Tanker operator Frontline has sold four tankers to shipping magnate John Fredriksen's shipowner, SFL Corp. The Fredriksen-controlled carrier thereby increases its liquidity for forthcoming newbuilds, analyst says.
by SØREN PICO
John Fredriksen-controlled tanker operator Frontline sells four tankers to shipowner SFL, which the Norwegian-Cypriot shipping magnate is also behind.
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