Management at John Fredriksen’s SFL Corp is being careful not to jeopardise the promising bulker and tanker markets as the company eyes new investments.

Chief executive Ole Hjertaker said both segments look “very interesting” due to low orderbooks.

The boss of the US-listed sale-and-leaseback specialist told a conference call that the number of tanker newbuildings is at its lowest level going back 20 or 25 years.