John Fredriksen

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

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: 0

Monday, July 28, 2014
Tor Olav Trøim

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: 47

Tuesday, March 11, 2014
bulk carrier capesize
Maritime 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: 18

Monday, February 3, 2014
front duke vlcc supertanker frontline

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: 29

Tuesday, November 12, 2013
john fredriksen

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: 22

Wednesday, August 28, 2013
Front Brabant Suezmax

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: 15

Thursday, August 22, 2013
lpg carrier

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: 46

Monday, June 17, 2013
front duke vlcc supertanker frontline

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: 7

Wednesday, June 5, 2013

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: 1

Tuesday, May 14, 2013
golar lng carrier tanker

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: 11

Tuesday, April 2, 2013
frontline tankers

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: 10

Monday, March 25, 2013
john fredriksen
Engineering News

Fredriksen Places $2.6 Billion Bet on the Future of Shipping

(Bloomberg) — John Fredriksen, the richest shipping investor, is spending $2.6 billion on the biggest fleet of fuel-efficient ships in history, betting

March 25, 2013
Total Views: 20

Tuesday, February 19, 2013
golden shadow bulk carrier

Fredriksen’s Golden Ocean Group Rises on Prospects of Dry Bulk Market Recovery

Golden Ocean Group Ltd. climbed to the highest level in almost two years in Oslo trading after the shipping company controlled by billionaire John Fredriksen

February 19, 2013
Total Views: 19

Thursday, January 31, 2013
Golden Ocean Group

Fredriksen’s Golden Ocean Group Gains on Speculation Dry Bulk is Set for a Revival

(Bloomberg) — Golden Ocean Group Ltd., the shipping company controlled by billionaire John Fredriksen, rose the most in a week in Oslo trading after

January 31, 2013
Total Views: 7

Thursday, January 24, 2013

Fredriksen: Tankers Will be the First to Recover [UPDATED]

By Mikael Holter and Isaac Arnsdorf Jan. 25 (Bloomberg) — The market for oil and fuel tankers will be the first to recover from a glut in the shipping

January 24, 2013
Total Views: 3

Wednesday, January 23, 2013
csav logo

CSAV Emerges from the Darkness as Highest Returning Container Shipper

Jan. 23 (Bloomberg) — Chile’s richest family has turned the world’s worst-performing container shipper into a champion by shedding rented

January 23, 2013
Total Views: 9

Tuesday, January 22, 2013
golar lng carrier tanker

Fredricksen is “Printing Money” With Golar LNG as Day Rates Begin to Fall

Jan. 22 (Bloomberg) — Rates to ship liquefied natural gas are dropping for the first time in four years amid a diminishing scarcity of the carriers

January 22, 2013
Total Views: 10

Monday, September 24, 2012
shutterstock lng carrier under construction

Japanese Hunger for LNG on Par With Bluefin Tuna, Fredriksen Dishes it Up

(Bloomberg) — The biggest shutdown of nuclear power in history will spur record demand for liquefied natural gas and the most profit ever for Golar LNG

September 24, 2012
Total Views: 5

Thursday, September 13, 2012
wilbur ross wl ross

Private Equity Investors View the Depressed Shipping Market with Serious Interest

Wilbur Ross, whose company manages about $10 billion of assets, said private-equity investors are increasingly interested in shipping after a four-year rout

September 13, 2012
Total Views: 4

Monday, September 10, 2012
frontline tankers vlcc front shanghai

John Fredriksen: The Man, the Myth, the Legend

The flow of much of the world’s oil is controlled from a small suite of offices perched over a Tiffany & Co. store in the Chelsea section of London.

September 10, 2012
Total Views: 936