Fredriksen goes back to Hengli for two more VLCCs

John Fredriksen has returned once again to China’s Hengli Shipbuilding, adding more VLCC tonnage as the shipping tycoon keeps pressing ahead with fleet renewal. Fredriksen’s private investment arm, Seatankers Management, has contracted two 306,000 dwt crude carriers at the Dalian-based yard. Chinese-listed ST Songfa confirmed that its subsidiary, Hengli Shipbuilding, has signed contracts for the …