SFL offloads stake in ADS Maritime

John Fredriksen’s SFL Corporation has sold its stake in ADS Maritime to a unit controlled by ADS chairman Bjørn Tore Larsen. ADS Shipping, a company controlled by Larsen, bought around 4.03m shares in ADS Maritime from SFL. The value of the deal is around NOK6.93m ($820k). In the meantime, John Fredriksen-controlled Golden Ocean has appointed Larsen as …

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