Norwegian shipowner Trygve Seglem continues to log losses on his products and chemical tankers.
However, the sale of four ships in the past year has more than covered the debt on the ships.
TS Shipping Invest
Seglem’s holding company, TS Shipping Invest, has a diversified fleet including shuttle tankers and LNG carriers. The latter includes nine units that are owned in partnership with Jens Ulltveit-Moe, while NYK Line of Japan became a 50% partner two years ago in bow-loading company Knutsen NYK Offshore Tankers (KNOT).
