We refer to a shell game not in a pejorative sense but only in that Mr. Fredriksen arrived with something, left with something different and was richer for it. Like most of Mr. Fredriksen’s dealings, this was not simple. It involves two of his companies, Frontline and Golden Ocean Group (“GOGL”) and two shipyards, one Chinese and the other Korean.
This is only an excerpt of Not a Shell Game But a Good Outcome – Fredriksen Re-jiggers his Orderbook
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Tags: · Anders Karlsen, Frontline, Golden Ocean Group, Nordea, Pareto, Zhoushan Jinhaiwan Shipyard
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