I have a smaller than I would like position in Seadrill that I opened last year (thank you Travis), but had no idea until reading the article (link given below) in Bloomberg about the host of interconnected companies that Fredricksen seems behind. I can tell from the personal portfolio section that Travis has a position in Golar… does anyone have insights into any of the other companies? On the surface, the tanker business looks terrible at the moment (is this opportunity or disaster lurking?), but SFL (Ship Finance International) with a near 9% dividend yield looks appealing (FYI, I think needs to bought tomorrow (9/11/12) to get the next distribution). Does anyone have any knowledge about Frontline and whether the splitting of the company in 2 pieces has been at the expense of common stock holders? Again, this is a completely new area to me so all insights are appreciated.
Other companies include: Golden Ocean, Golar LNG Partners, International Tankers Corp LTD