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
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
Billionaire John Fredriksen is merging the two oil tanker companies he split up more than three years to create a market
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
STX Offshore & Shipbuilding has confirmed an order from billionaire shipping tycoon John Fredriksen calling for the construction of up to 6 VLCCs.
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
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
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
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
Rig company Seadrill Ltd. and salmon farmer Marine Harvest ASA slumped in Oslo trading amid a fallout between their main owner, billionaire John Fredriksen,
Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares
Tor Olav Trøim, the financial wizard that helped enable the many successes of Norwegian shipping tycoon John Fredriksen announced today his intentions to step
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
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
Blackstone Group LP, the world’s largest manager of alternative assets, as well as billionaires Wilbur Ross and John Fredriksen are amassing tanker
Aug. 28 (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, urged shipowners to scrap crude carriers that are more
Frontline 2012 signed a heads of agreement (HOA) today with Stolt-Nielsen Limited (Oslo Børs: SNI) whereby Frontline 2012 will become a shareholder in
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
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
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
(Bloomberg) — Frontline Ltd., the oil-tanker operator led by shipping billionaire John Fredriksen, said it’s rejecting some cargoes after a rout in
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