John Fredriksen’s Knightsbridge Tankers will look to grow its dominant position among listed capesize owners having taken 25 newbuildings from Frontline 2012 this week.
The deal follows Knightsbridge’s acquisition of five capesize newbuildings from Frontline 2012 and one vessel from Fredriksen’s private company, Hemen Holding, earlier this year and takes its capesize fleet to 39.
Ola Lorentzon, chief executive of Knightsbridge, tells TradeWinds that the first step will be to consummate the transaction with Frontline 2012.
“But
