Join our crew and become one of the 110,911 members that receive our newsletter.

John Fredriksen


Thursday, July 2, 2015
frontline tanker
News

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: 52

frontline vlcc tanker
Interesting

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: 26

Wednesday, July 1, 2015
Fredriksen Sets Up $2 Billion LNG Powerhouse – EXMAR LNG
News

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: 37

Monday, June 22, 2015
Very Large Crude Carrier vlcc
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: 10

Wednesday, March 25, 2015
Seadrill Semi-Rig West Pegasus
Offshore

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: 15

Friday, January 9, 2015
Frontline Surges Amid Signs of Oil Storage at Sea
News

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: 11

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

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: 8

Friday, October 24, 2014
Fredriksen Eyes Flex LNG Takeover
Shipping 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: 32

Monday, September 22, 2014
Fredriksen’s Breakup With Adviser Troeim Hits Shares
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: 18

Friday, September 19, 2014
Seadrill Semi-Rig West Pegasus
News

Fredriksen Reaffirms Seadrill Commitment After Top Exec Quits

Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares

September 19, 2014
Total Views: 5

Monday, July 28, 2014
Tor Olav Trøim
Finance

Trøim Exits from Fredriksen’s Seatankers Group

Tor Olav Trøim, the financial wizard that helped enable the many successes of Norwegian shipping tycoon John Fredriksen announced today his intentions to step

July 28, 2014
Total Views: 112

Tuesday, March 11, 2014
bulk carrier capesize
News

Fredriksen Sells Half Dozen Capes to Knightsbridge

In a deal announced this week, five capesizes under construction at Shanghai Waigaoqiao Shipbuilding in China, as well as 2013-built capesize bulker will be

March 11, 2014
Total Views: 49

Monday, February 3, 2014
front duke vlcc supertanker frontline
Finance

Fredriksen Reduces Ownership in Frontline

OSLO, Feb 3 (Reuters) – Oil tanker operator Frontline sold 8.8 million new shares in January as part of an equity distribution agreement with Morgan

February 3, 2014
Total Views: 50

Tuesday, November 12, 2013
john fredriksen
News

Blackstone to Billionaires Boost Ship Bets on U.S. Fuel Exports

Blackstone Group LP, the world’s largest manager of alternative assets, as well as billionaires Wilbur Ross and John Fredriksen are amassing tanker

November 12, 2013
Total Views: 51

Wednesday, August 28, 2013
Front Brabant Suezmax
News

Frontline Urges Scrapping of Tankers Aged Over 15 Amid Ship Glut

Aug. 28 (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, urged shipowners to scrap crude carriers that are more

August 28, 2013
Total Views: 32

Thursday, August 22, 2013
lpg carrier
News

Frontline 2012 to Join Avance Gas Holding in LPG Shipping Consolidation

Frontline 2012 signed a heads of agreement (HOA) today with Stolt-Nielsen Limited (Oslo Børs: SNI) whereby Frontline 2012 will become a shareholder in

August 22, 2013
Total Views: 100

Monday, June 17, 2013
front duke vlcc supertanker frontline
News

Contracting Chinese Oil Imports Sinks Maritime Industry’s Biggest Tankers

June 18 (Bloomberg) — China’s oil imports are contracting for the first time since 2009, reducing the biggest source of demand for crude tankers at

June 17, 2013
Total Views: 16

Wednesday, June 5, 2013
Fredriksen Sees Tanker Market Weak For At Lease 2 More Years

Fredriksen Sees Tanker Market Weak For At Lease 2 More Years

Shipping magnate John Fredriksen sees no quick turnaround on the market for crude oil tankers, but is more optimistic about the outlook for other arms of his

June 5, 2013
Total Views: 13

Tuesday, May 14, 2013
golar lng carrier tanker
News

LNG Ship Owners Gaining as Obama Signals Export Support

Owners are reaping the benefits of President Barack Obama’s suggestions that he will back plans for liquefied natural gas exports equal to 17 percent of

May 14, 2013
Total Views: 28

Tuesday, April 2, 2013
frontline tankers
News

Caught Up in Horrific Market Conditions, Fredriksen’s Frontline Tankers Says No

(Bloomberg) — Frontline Ltd., the oil-tanker operator led by shipping billionaire John Fredriksen, said it’s rejecting some cargoes after a rout in

April 2, 2013
Total Views: 25
close

JOIN OUR CREW

Maritime and offshore news trusted by our 110,911 members delivered daily straight to your inbox.