John Fredriksen

Wednesday, March 2, 2016

Billionaire John Fredriksen Calls End to Salmon Rally as Seadrill Struggles

by Mikael Holter (Bloomberg) — John Fredriksen is calling an end to the salmon rally. The Norwegian-born oil and shipping tycoon on Tuesday sold a $510

March 2, 2016
Total Views: 11

Thursday, February 25, 2016
west gemini drillship
Maritime News

Seadrill to Address $10 Billion Debt in First Half of 2016

By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will

February 25, 2016
Total Views: 19

Wednesday, February 24, 2016
Maritime News

Billionaire Shipping Magnate Has Other Fish to Fry in Oil Rout

By Mikael Holter (Bloomberg) — When the price of a 10-pound (4.5-kilogram) Atlantic salmon jumped above the cost of a barrel of crude last month, nobody

February 24, 2016
Total Views: 16

Monday, February 1, 2016
west gemini drillship

Seadrill Deepens Cost Cuts to Ride Out CEO’s Worst Rig Slump

By Mikael Holter (Bloomberg) — Seadrill Ltd., once the crown jewel among billionaire John Fredriksen’s oil and shipping holdings, is deepening planned

February 1, 2016
Total Views: 4

Tuesday, January 26, 2016
Maritime News

Billionaire Fredriksen Forms Ship Broker with Arctic Securities

By Jonathan Saul LONDON, Jan 26 (Reuters) – Norwegian-born billionaire John Fredriksen has teamed up with investment bank Arctic Securities to form a

January 26, 2016
Total Views: 12

Friday, December 18, 2015
frontline tanker
Maritime News

Fredriksen Group CEO Jo Lunder Out for Good

OSLO, Dec 18 (Reuters) – Norwegian-born billionaire John Fredriksen said Jo Lunder, who has been on leave as chief executive of his Fredriksen Group

December 18, 2015
Total Views: 7

Tuesday, November 24, 2015
seadrill drillship
Maritime News

Tycoon Fredriksen’s Firms See Diverging Fortunes

By Gwladys Fouche OSLO, Nov 24 (Reuters) – Firms in Norwegian-born billionaire John Fredriksen‘s empire saw contrasting fortunes on Tuesday, as rig

November 24, 2015
Total Views: 16

Friday, November 20, 2015
Maritime News

Deep Sea Supply: 10 Vessels Laid Up and More to Come

Deep Sea Supply, the Norwegian PSV and AHTS owner controlled by billionaire John Fredriksen, says it now has 10 vessels in lay-up and more are expected with

November 20, 2015
Total Views: 122

Thursday, November 5, 2015
Maritime News

Fredriksen Group CEO Detained in Norway Amid Corruption Probe in Former Role

By Stine Jacobsen OSLO, Nov 5 (Reuters) – Former Vimpelcom chief executive Jo Lunder is being held by Norwegian police on suspicion of corruption as part

November 5, 2015
Total Views: 14

Wednesday, September 23, 2015
Maritime News

Fredriksen, Exmar Deal for $2.3 Billion LNG Powerhouse Falls Through

  By Saleha Mohsin (Bloomberg) — Billionaire John Fredriksen and Exmar NV canceled a deal to create a liquefied natural gas company that would have

September 23, 2015
Total Views: 5

Monday, August 24, 2015

Shipping Magnate John Fredriksen ‘Very Worried’ About China

  By Jonas Cho Walsgard (Bloomberg) — John Fredriksen, the billionaire who made his fortune investing in crude tankers, said he’s “very

August 24, 2015
Total Views: 10

Thursday, July 2, 2015
frontline tanker

Fredriksen Seeking Greater Tanker Market Share with New Frontline

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

July 2, 2015
Total Views: 32

frontline vlcc tanker

Tanker Giant Reborn – Billionaire Fredriksen Merges Tanker Companies Three Years After Split

Billionaire John Fredriksen is merging the two oil tanker companies he split up more than three years to create a market

July 2, 2015
Total Views: 4

Wednesday, July 1, 2015

Fredriksen Sets Up $2 Billion LNG Powerhouse – EXMAR LNG

Billionaire John Fredriksen and Exmar NV are transferring liquefied natural gas assets to Flex LNG Ltd. to create a company operating 13 vessels with an

July 1, 2015
Total Views: 13

Monday, June 22, 2015
Very Large Crude Carrier vlcc
Maritime News

John Fredriksen Orders Up to 6 VLCCs at STX Offshore & Shipbuilding

  STX Offshore & Shipbuilding has confirmed an order from billionaire shipping tycoon John Fredriksen calling for the construction of up to 6 VLCCs.

June 22, 2015
Total Views: 2

Wednesday, March 25, 2015
Seadrill Semi-Rig West Pegasus
Maritime News

John Fredriksen Sails Into Rig Storm of Up to 3 Years

Billionaire John Fredriksen has sailed through troubled waters before. This time, he plans to make the most of a brutal downturn in offshore drilling amid a

March 25, 2015
Total Views: 1

Friday, January 9, 2015

Frontline Surges Amid Signs of Oil Storage at Sea

Frontline Ltd., the oil tanker company led by billionaire John Fredriksen, surged in Oslo trading amid speculation that a plunge in crude prices is spurring

January 9, 2015
Total Views: 2

Monday, December 8, 2014
Seadrill Semi-Rig West Pegasus

Fredriksen Boosts Seadrill Stake After Shares Slump

Billionaire John Fredriksen bought shares in Seadrill Ltd. for $33.5 million, boosting his stake in the offshore driller to 23.9 percent as the stock fell

December 8, 2014
Total Views: 2

Friday, October 24, 2014
Maritime News

Fredriksen Eyes Flex LNG Takeover

Billionaire shipping tycoon John Fredriksen is looking to take control of Oslo-listed Flex LNG following the purchase of 12.7 million shares through his firm

October 24, 2014
Total Views: 8

Monday, September 22, 2014
Maritime News

Fredriksen’s Breakup With Adviser Troeim Hits Shares

Rig company Seadrill Ltd. and salmon farmer Marine Harvest ASA slumped in Oslo trading amid a fallout between their main owner, billionaire John Fredriksen,

September 22, 2014
Total Views: 8