Fredriksen Group
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Gas
Flex LNG picks up 500-day charter extension
John Fredriksen-backed Flex LNG has seen an extension called on one of its LNG carriers, fixing it into the first…
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Tankers
American investor takes aim at Euronav again with new legal action
An American investor in Euronav has returned to Belgium with another lawsuit in a bid to overturn deals struck between…
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Offshore
Scott McReaken quits Fredriksen’s rig companies
Scott McReaken has decided to step down as chief executive of John Fredriksen’s Northern Drilling and its semisub rig spin-off…
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Gas
Avance Gas seals one-year fixture for dual-fuel VLGC
Oslo-listed very large gas carrier (VLGC) specialist Avance Gas has struck a new one-year charter with an energy major for…
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Containers
SFL clinches Maersk charter extension and vessel upgrades deal with Hapag-Lloyd
John Fredriksen’s SFL Corporation has bagged a contract extension for one of its boxships and sealed a $65m deal to…
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Offshore
Fredriksen-backed Northern Drilling readies to fight Hanwha arbitration award
John Fredriksen-backed rig investment company Northern Drilling will seek permission to appeal against a ruling by a London tribunal after…
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Offshore
Fredriksen’s Northern Drilling loses arbitration against Hanwha over cancelled drillships
John Fredriksen’s rig investment company, Northern Drilling, has lost a legal battle with Daewoo Shipbuilding & Marine Engineering (DSME), now…
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Tankers
Landbridge buys back VLCC from SFL
Hong Kong-based owner Landbridge has declared a purchase option on a VLCC currently on bareboat charter from John Fredriksen’s sale-and-leaseback…
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Tankers
Fredriksen approaching mandatory offer for Euronav
Shipping magnate John Fredriksen has not lost his appetite for the Belgian tanker giant Euronav and is quietly approaching a…
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Dry Cargo
Ulrik Andersen steps down as Golden Ocean CEO
Ulrik Andersen has decided to step down as chief executive of John Fredriksen-backed dry bulk player Golden Ocean Group. Andersen,…
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Tankers
Fredriksen renews attack on International Seaways board
The annual general meeting at US tanker owner International Seaways promises to be feisty as a famous investor makes his…
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Tankers
Frontline offloads suezmax for $44.5m
John Frederiksen’s Frontline has sold its 2010-built suezmax tanker, to an unnamed buyer for $44.5m. The 156,000 dwt vessel, online…
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Tankers
SFL ships out oldest suezmax
New York-listed diversified owner SFL Corporation has shipped out its oldest suezmax tanker at a profit. The John Fredriksen-controlled company…
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Tankers
Fredriksen lifts stake in Euronav
Shipping magnate John Fredriksen has added more Euronav shares to his shopping basket lifting his stake in the Antwerp-based tanker…
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Tankers
SFL offloads chemical tankers as latest suezmax sale fetches higher price
John Fredriksen-controlled diversified owner SFL Corporation has agreed to sell two of its ageing chemical tankers and landed a stronger…
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Tankers
John Fredriksen and Marc Saverys secure Euronav seats as three of five directors survive boardroom battle
John Fredriksen and Marc Saverys will be joining Euronav’s supervisory board, while two existing directors failed to win votes of…
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Tankers
Frontline offloads VLCC to Yinson
While all eyes have been on Frontline’s merger saga with Euronav, John Frederiksen’s has been doing what he does best,…
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Tankers
SFL offloads suezmax tanker for $39m
John Fredriksen’s SFL Corporation has agreed to sell its 2009-built suezmax tanker for $39m. The New York-listed diversified owner said…
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Dry Cargo
Golden Ocean pounces for six newcastlemaxes to become the world’s largest publicly-listed dry bulk company
John Fredriksen-controlled Golden Ocean is set to become the largest listed dry bulk company in the world when it completes…
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Finance and Insurance
Fredriksen’s Northern Drilling raises $10m for DSME arbitration
John Fredriksen’s rig investment company, Northern Drilling, has raised $10m through a private share offering to cover costs for the…
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