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
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
(Bloomberg) — John Fredriksen, the richest shipping investor, is spending $2.6 billion on the biggest fleet of fuel-efficient ships in history, betting
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
(Bloomberg) — Golden Ocean Group Ltd., the shipping company controlled by billionaire John Fredriksen, rose the most in a week in Oslo trading after
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
Jan. 23 (Bloomberg) — Chile’s richest family has turned the world’s worst-performing container shipper into a champion by shedding rented
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
(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
Wilbur Ross, whose company manages about $10 billion of assets, said private-equity investors are increasingly interested in shipping after a four-year rout
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.
(Corrects storage location in first paragraph of story published Aug. 9. Company corrects rate in second.) (Bloomberg) — Golar LNG Ltd., a company
Why are some shipping magnates among the wealthiest individuals in the world while others spend most of their time in bankruptcy hearings? The answer seems
What has been a bad year fort the shipping industry has been better for shipping magnate John Fredriksen. As seaborne shipping collapsed last year, so did
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