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Msg  13484 of 13502  at  11/1/2022 2:24:59 PM  by

keebon


Blackrock likes tankers and dry bulk

Tradewinds:

 
BlackRock follows up Golden Ocean deal with $153m investment in Frontline

US investment giant becomes second-biggest shareholder in tanker giant behind John Fredriksen

1 November 2022 15:29 GMT UPDATED 1 November 2022 17:06 GMT
in London

US investment giant BlackRock has become the second-largest shareholder in John Fredriksen-controlled tanker company Frontline.

The move follows a similar investment in Fredriksen’s bulker giant Golden Ocean Group in September.

A filing to the Oslo Stock Exchange reveals BlackRock has amassed a stake of 5.13%,



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