John Fredriksen-backed Edda Wind believes strong demand will lead to market growth in the coming years.

“Edda Wind is experiencing a favourable demand outlook and the Group’s tender activity is increasing,” the Oslo-listed company said in its second-quarter report.

Spectacular profit and M&A tips: How $3bn DNB fund manager is playing his shipping chips
 Read more

The owner’s total backlog was €424m ($470m) at the end of June.