Tuesday, June 27, 2017

This Shipping Magnate Is Calling a Bottom in the Oil Rout

Shipping magnate John Fredriksen is trying to buy more oil tankers despite a glut of vessels afloat, a looming $10 billion in debt and two failed takeover attempts that have left his empire reeling.

from WSJ.com: US Business http://ift.tt/2rXdy25
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