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John Fredriksen appoints new Seatankers CEO

John Fredriksen has appointed Tor Andre Svelland as the CEO of his family holding company Seatankers.

Svelland, 53, heads UK-based hedge fund Svelland Capital and comes in to Seatankers to replace Harald Thorstein, who departed earlier this year. Svelland is already on the boards of both Frontline and Golden Ocean, which Seatankers controls amongst a host of other companies in the Fredriksen Group.

Svelland is being tasked with helping Fredriksen and his daughters take advantage of emerging business opportunities.

“His vast and long experience as a manager and trader from various commodity markets, finance and not least shipping, will fit perfectly into our group,” Fredriksen said in a statement.

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Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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