Fredriksen Group
- Gas
Flex LNG seals three-year time charter
John Fredriksen’s Flex LNG has secured a three-year time charter for 2019-built 173,400 cbm LNG carrier . The charter, with…
Read More » - Maritime CEO
Flex LNG: Flexible by nature
Norwegian LNG shipping specialist Flex LNG is eyeing a new round of expansion, taking advantage of the promising outlook of…
Read More » - Offshore
Seadrill seals drillship contract with Equinor in Brazil
John Fredriksen’s Seadrill has secured a contract with Equinor for the utilisation of the 2014-built West Saturn drillship on the…
Read More » - Gas
Avance Gas adds two VLGCs at DSME
Norwegian VLGC pure-play owner Avance Gas has increased its newbuilding program at South Korea’s DSME from four to six 91,000…
Read More » - Gas
Flex LNG charters four LNG carriers to Cheniere
John Fredriksen’s Flex LNG has entered into agreements to charter four LNG carriers to Cheniere Marketing International, with an option…
Read More » - Finance and Insurance
Seadrill eyes $4.8bn debt write-off
John Fredriksen’s offshore drilling firm Seadrill has put forward a plan to write-off just over $4.8bn of debt, according to…
Read More » - Dry Cargo
Golden Ocean buys 18 bulkers from Fredriksen
John Fredriksen’s listed dry bulk arm Golden Ocean Group has entered into a deal with Fredriksen’s family company Hemen Holding…
Read More » - Offshore
Seadrill files for chapter 11
Less than three years after it emerged from a restructuring under chapter 11, John Fredriksen’s offshore drilling company Seadrill has…
Read More » - Offshore
Chapter 11 filing for Asia Offshore Drilling
Chapter 11 cases have been filed in the Southern District of Texas for Seadrill’s wholly-owned subsidiaries under the Asia Offshore…
Read More » - Offshore
Seadrill’s forbearance agreements with creditors expire
Forbearance agreements inked between creditors and John Fredriksen’s Seadrill expired yesterday, leaving the drilling firm exposed to legal battles if…
Read More » - Offshore
Seadrill Partners files for chapter 11
Seadrill Partners, the limited liability company formed by John Fredriksen’s Seadrill Limited has filed for chapter 11 after negotiations with…
Read More » - Tankers
Robert Macleod steps down as CEO at Frontline
Robert Hvide Macleod, one of the best known names in the tanker business, is stepping down as CEO at John…
Read More » - Offshore
CFO promoted at Seadrill
John Fredriksen-controlled Seadrill has promoted from within for its new CEO. The company’s CFO, Stuart Jackson, replaces Anton Dibowitz from…
Read More » - Gas
John Fredriksen increases stake in Avance Gas
John Fredriksen continues to increase his stake in pure-play VLGC shipowner Avance Gas with the acquisition of a substantial number…
Read More » - Operations
OSM takes over management of 51 Fredriksen vessels
John Fredriksen has struck a deal to farm out management of many of his bulk carriers and tankers to one…
Read More » - Offshore
Seadrill buys out Mermaid Maritime to take full control of Asia Offshore Drilling
John Fredriksen’s Seadrill has agreed a deal to buy out Thailand’s Mermaid Maritime to take full control of Asia Offshore…
Read More » - Europe
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…
Read More » - Europe
Seadrill to axe more than 30% of its staff
John Fredriksen’s Seadrill has implemented a large cost-cutting exercise as it faces up to the prospect of another prolonged downturn…
Read More » - Europe
Seadrill to delist from NYSE
John Fredriksen’s Seadrill plans to delist from the New York Stock Exchange (NYSE). In March, the company received written notice…
Read More » - Europe
Fredriksen’s SFL seals newbuild VLCC deal with Landbridge
John Fredriksen’s SFL Corporation has acquired a newbuild 308,000 dwt VLCC from China’s Landbridge Group, and bareboat chartered it back…
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