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John Fredriksen


Friday, November 10, 2017
offshore drilling rigs in norway
News

Billionaire Fredriksen Raises Fresh Cash for New Rig Company

By Mikael Holter (Bloomberg) — Northern Drilling Ltd., a company set up by billionaire John Fredriksen to buy offshore drilling rigs on the cheap, raised

November 10, 2017
Total Views: 26

Monday, June 26, 2017
Norwegian-born shipping tycoon Fredriksen
News

Frontline Drops DHT Pursuit and Steers Away from Deals

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

June 26, 2017
Total Views: 16

Friday, June 16, 2017
frontline tanker
Finance

Fredriksen Expects Rise In Storage Of Oil On Tankers

by Ole Petter Skonnord (Reuters) Tanker firm Frontline, controlled by billionaire investor John Fredriksen, expects a growing number of supertankers to be used

June 16, 2017
Total Views: 18

Thursday, March 23, 2017
Energy Hedge Fund Run by Former `Big Wolf’ Trader Delivers 46% Return
News

Energy Hedge Fund Run by Former `Big Wolf’ Trader Delivers 46% Return

By Mikael Holter (Bloomberg) — Two former associates of billionaire shipping and rig tycoon John Fredriksen are delivering out-sized returns by snapping

March 23, 2017
Total Views: 177

Monday, March 20, 2017
Rival Drilling Tycoons Place Bets on Offshore Oil Rig Recovery
News

Rival Drilling Tycoons Place Bets on Offshore Oil Rig Recovery

By Mikael Holter (Bloomberg) — Billionaire John Fredriksen and his former top adviser Tor Olav Troim may not see eye to eye anymore, but they agree

March 20, 2017
Total Views: 59

Sunday, March 19, 2017
Fishing Net Tangled With Hawser
Finance

Fredriksen’s Fish Stocks Need Filleting Says Norway Fund

by Jonas Cho Walsgard (Bloomberg) Fish farmers will need to get more kroner out of every fish to provide the next lift for the Oslo exchange’s

March 19, 2017
Total Views: 46

Monday, March 13, 2017
Billionaire Fredriksen Buys ‘West Mira’ Rig, Ending Hyundai Dispute
Offshore

Billionaire Fredriksen Buys ‘West Mira’ Rig, Ending Hyundai Dispute

OSLO, March 13 (Reuters) – Billionaire investor John Fredriksen has agreed to buy an oil drilling vessel from South Korean shipyard Hyundai Samho Heavy

March 13, 2017
Total Views: 197

Monday, February 6, 2017
Norway’s Farstad, Solstad, and Deep Sea Supply to Merge, Creating Offshore Supply Vessel Giant
Interesting

Norway’s Farstad, Solstad, and Deep Sea Supply to Merge, Creating Offshore Supply Vessel Giant

By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday

February 6, 2017
Total Views: 275

Tuesday, October 4, 2016
seadrill drillship
News

Fredriksen Could Lend Seadrill $1.2 Billion to Restructure Debt, Sources Say

By Mikael Holter and Luca Casiraghi (Bloomberg) — Seadrill Ltd.’s billionaire chairman and largest shareholder, John Fredriksen, is willing to

October 4, 2016
Total Views: 13

Wednesday, March 2, 2016
Billionaire John Fredriksen Calls End to Salmon Rally as Seadrill Struggles
News

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: 49

Thursday, February 25, 2016
west gemini drillship
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: 29

Wednesday, February 24, 2016
Billionaire Shipping Magnate Has Other Fish to Fry in Oil Rout
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: 35

Monday, February 1, 2016
west gemini drillship
News

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: 8

Tuesday, January 26, 2016
Billionaire Fredriksen Forms Ship Broker with Arctic Securities
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: 39

Friday, December 18, 2015
frontline tanker
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: 48

Tuesday, November 24, 2015
seadrill drillship
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: 22

Friday, November 20, 2015
Deep Sea Supply: 10 Vessels Laid Up and More to Come
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: 173

Thursday, November 5, 2015
Fredriksen Group CEO Detained in Norway Amid Corruption Probe in Former Role
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: 57

Wednesday, September 23, 2015
Fredriksen, Exmar Deal for $2.3 Billion LNG Powerhouse Falls Through
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: 9

Monday, August 24, 2015
Shipping Magnate John Fredriksen ‘Very Worried’ About China
News

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: 42
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