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URL:  http://boards.fool.com/hohumm-considering-the-number-of-shipping-30646494.aspx

Subject:  Re: Shipping tid-bits 4/21/13 Date:  4/21/2013  9:17 PM
Author:  Hohum777 Number:  421147 of 479745

Hohumm,

Considering the number of shipping entities owned/controlled by John Fredriksen, is there a possibility that (in the event of a downturn) a "good firm"/"bad firm" scenario could take place? As they cross lease, costs could be transfered to a firm which would then "go down with the ship".

Jeff


Certainly a possibility. SFL has vessel tie-ins with other Fredriksen backed entities.
The folks at Frontline (FRO) actually lease 22 of the SFL vessels, and manage the chartering
arrangements for a majority of the others. FRO's current problems have a lot to do with tanker
rates for the VLCC category, and the fact th