Fredriksen Group
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Europe
Frontline fixes $500m loan
Frontline has signed a new $500.1m senior secured term loan facility with DNB Bank, Nordea Bank Norge, ABN AMRO Bank,…
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Dry Cargo
Golden Ocean swaps capesizes for suezmax tankers
Golden Ocean has agreed to swap two capesize newbuilding contracts for two suezmax contracts, which it will sell to fellow…
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Europe
Merger of the two Frontlines draws nearer
Oslo-listed Frontline has received approval from Norwegian financial authorities to issue new shares as consideration for its planned merger with…
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Europe
Ship Finance International sells suezmax tanker
Ship Finance International (SFI) has sold its 1998-built suezmax to an unnamed buyer for $21.2m. Brokers have reported that the…
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Europe
Lunder steps down from Fredriksen Group amid corruption scandal
Jo Lunder has stepped down from his role of ceo at Fredriksen Group having been caught in the middle of…
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Europe
Fredriksen Group CEO charged with corruption
Jo Lunder, CEO of the Fredriksen Group, was arrested by police in Norway late on Wednesday night and charged with…
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Europe
Deep Sea Supply sends two more PSVs to layup as Brazilian blocking bites
John Fredriksen controlled Deep Sea Supply has released its latest fleet update on Oslo Bors today revealing troubles in Brazil,…
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Europe
Frontline to delist from the London Stock Exchange
Frontline is delisting from the London Stock Exchange, cancelling all of its ordinary shares of $1.00 each with effect from…
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Dry Cargo
Fredriksen bolsters Golden Ocean holding
John Fredriksen’s family investment vehicle Franklin Enterprises continues to build up its holding in Golden Ocean. Franklin bought $12.6m of…
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Europe
Ship Finance International sells old suezmax tanker
Fredriksen-led Ship Finance International (SFI) is to sell a 20-year-old suezmax tanker to an unnamed buyer for around $16m. The…
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Contributions
Fredriksen’s synergies stick to the winning formula
Diran Majarian from Amalia Tankers ruminates on if Norway’s richest man still has the magic touch. There’s been a few different shake-ups…
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Europe
North Atlantic Drilling gets semi-sub extension at reduced rate
Oslo: North Atlantic Drilling, the majority owned subsidiary of John Fredriksen-controlled Seadrill, has been awarded a contract extension by Total…
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Dry Cargo
Fredriksen ups his stake in Golden Ocean
Oslo: Franklin Enterprises, a family trust belonging to John Fredriksen, yesterday came in for $6.2m of Golden Ocean’s $200m convertible…
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Europe
Frontline boss outlines merger aims
Oslo: Providing value to shareholders is the main aim of the new merged Frontline, a senior official told Splash today.…
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Europe
Fredriksen and Saverys form gas giant with Flex LNG
Athens: Flex LNG is to acquire LNG vessels and other assets from Belgium’s Exmar and Fredriksen-led Geveran in a deal that will create…
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Europe
Northern Offshore goes east, acquired by Shandong Offshore International
Oslo: John Fredriksen’s Northern Offshore has been sold to Shandong Offshore International Company for a cash total of approximately NOK1.3b…
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Europe
Fredriksen in for up to six VLCCs at STX
Seoul: STX Offshore & Shipbuilding has confirmed reports that John Fredriksen has ordered two firm plus four options VLCCs. The…
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Americas
Ship Finance International sells Horizon stake for $72m
Athens: Ship Finance International (SFI) sold its stake in Horizon Lines to Matson Navigation for a net total of around…
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Europe
Ship Finance International cuts Frontline charter rates for ownership stake
Athens: Ship Finance International (SFI) has agreed reduced base rates for the 17 tankers it has on long-term charters to Frontline…
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Europe
Frontline Management: New boss on the cover of Maritime CEO magazine
Oslo: The new boss of Frontline Management is on the cover of the latest issue of Maritime CEO magazine, which…
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