Shipping tycoon Fredriksen joins rival to set up new capesize firm
April 24, 2014 at 06:47 AM EDT
OSLO, April 24 (Reuters) - Shipping tycoon John Fredriksen is joining one of its shipping firms with rival Knighsbridge Tankers Ltd to create the largest U.S. listed Capesize firm, which will compete with Fredriksen's own dry bulk company Golden Ocean.