Norwegian shipping magnate in billion dollar investment

Somewhat unknown Norwegian shipping magnate Trygve Seglem is gearing up for a tanker and gas venture that involves investments totaling around USD 1 billion.

Photo: Avance Gas

One of Norway's major, but relatively unknown internationally, shipowners - Trygve Seglem - is preparing a large-scale venture in the tanker and gas segment which requires a considerable capital injection.

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