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Fredriksen pumps $275m into Frontline

http://splash247.com

John Fredriksen has stumped up $275m of his own cash as a loan for Frontline for its newbuilding program in China.

Fredriksen’s family firm Hemen Holding is providing the loan, which will go towards eight ships being built in the People’s Republic.

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Created by Granto888 47 weeks 2 days ago – Made popular 47 weeks 2 days ago
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