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Sun, Jun

‘Gas in the tank’: cash is king for John Fredriksen amid global uncertainty

‘Gas in the tank’: cash is king for John Fredriksen amid global uncertainty

Billionaire owner John Fredriksen is backing shipping shares over steel in current markets, with cash still king.

In an interview with Norwegian daily Finansavisen, he said his companies have good

Billionaire owner John Fredriksen is backing shipping shares over steel in current markets, with cash still king.

In an interview with Norwegian daily Finansavisen, he said his companies have good experience of sitting on money during times of upheaval globally.

“Within shipping, shares look attractive.

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Original Source TRADEWINDS

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