Norway's Hunter Group could be about to enter a new shipping sector after selling three of its VLCCs in recent months.
Major investor Arne Fredly told Norwegian media on Friday that he is unhappy with the Oslo-listed company's share price, which he sees as way below net asset value (NAV).
"The last ship was sold because we want to have good cash in connection with the establishment of a new business area," he told Finansavisen.
