By Nerijus Adomaitis and Terje Solsvik OSLO, Aug 28 (Reuters) – Norwegian-born billionaire John Fredriksen appointed a hedge fund manager on Friday as next head of his family’s key holding...

by Terje Solsvik (Reuters) – Crude oil tanker firm Frontline declared its first dividend in more than two years on Wednesday and said it plans to increase the payout in...

By Andy Hoffman (Bloomberg) — Commodities trader Trafigura Group Pte Ltd.’s big bet on shipping paid off as it agreed on a tanker sale that will give it much-needed cash...

By Victoria Klesty and Terje Solsvik OSLO, Aug 23 (Reuters) – Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up...

OSLO, Aug 13 (Reuters) – Commodities trader Trafigura is joining forces with shipping firms Frontline and Golden Ocean to supply marine fuel ahead of a shake up in regulation which...

By Ole Petter Skonnord OSLO, June 26 (Reuters) – Oslo-listed oil tanker firm Frontline has abandoned its pursuit of New York-listed rival DHT Holdings and is not working on any...

OSLO, June 19 (Reuters) – The High Court of the Marshall Islands has dismissed with prejudice a lawsuit brought by tanker firm Frontline to stop rival DHT selling a major...

by Ole Petter Skonnord (Reuters) Tanker firm Frontline, controlled by billionaire investor John Fredriksen, expects a growing number of supertankers to be used for storing crude in anticipation of higher...

June 7 (Reuters) – Tanker firm DHT Holdings said a court in the Marshall Islands rejected Frontline Ltd’s lawsuit against DHT selling a major stake to BW Group . DHT...

OSLO, May 7 (Reuters) – Tanker firm DHT Holdings rejected on Sunday a fifth takeover proposal from shipping tycoon John Fredriksen’s Frontline, calling the $500 million all-share bid “woefully inadequate”....

OSLO, April 27 (Reuters) – John Fredriksen’s Frontline is switching its legal battle for control of tanker operator DHT Holdings from New York to the tiny Marshall Islands after making...

OSLO, April 26 (Reuters) – Frontline has made a fifth offer for tanker operator DHT Holdings and given its rival 24 hours to reconsider a deal which billionaire John Fredriksen...

OSLO, April 20 (Reuters) – A U.S. court has rejected a last-minute effort by billionaire investor John Fredriksen’s Frontline to prevent BW Group from acquiring a major stake in rival...

By Ole Petter Skonnord OSLO, March 23 (Reuters) – Privately-owned shipping firm BW Group became the top shareholder in tanker firm DHT Holdings on Thursday, in a surprise move that...

OSLO, Feb 9 (Reuters) – Oil tanker firm Frontline reiterated its all-share offer for smaller rival DHT Holdings on Thursday despite the latter’s rejection. Last month Frontline made a non-binding...

By Gwladys Fouche OSLO, Feb 6 (Reuters) – Tanker firm DHT Holdings unanimously rejected late on Sunday the proposed deal by rival Frontline, controlled by shipping tycoon John Fredriksen. Last...

OSLO, Jan 31 (Reuters) – Tanker firm DHT Holdings estimated its net asset value at $5.7 per share on Tuesday, above a non-binding all-share offer made by competitor Frontline ,...

John Fredriksen’s Frontline Ltd made a non-binding proposal over the weekend where Frontline would acquire all outstanding shares of common stock of U.S.-listed crude oil tanker company DHT Holdings in...

By Gwladys Fouche OSLO, Nov 24 (Reuters) – Firms in Norwegian-born billionaire John Fredriksen‘s empire saw contrasting fortunes on Tuesday, as rig firm Seadrill booked $1.8 billion in writedowns while...

John Fredriksen, the billionaire who made his fortune investing in crude tankers, is reuniting two businesses he split three years ago to help gain a greater share of the oil-shipping market.