Former business partners Tor Olav Troim and John Fredriksen have intensified their rivalry in the newcastlemax sector, with both growing their orderbooks in China.
In an interview with TradeWinds, Fredriksen said his private company, Seatankers Group, has ordered another two bulkers at New Times Shipbuilding.
That means Seatankers has four firm orders at New Times and two at Bohai Shipbuilding.
