Fredriksen Group
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Tankers
Saverys family come out against Fredriksen’s merger plans
John Fredriksen’s pursuit of Euronav faces a number of hurdles not least from the Saverys family who have come out…
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Tankers
Industry reacts to Frontline/Euronav merger news
Shipping analysts have given the thumbs up to yesterday’s big tanker merger news between Euronav and John Fredriksen’s Frontline, while…
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Tankers
Euronav and Frontline to merge
Two of the largest names in tanker shipping are merging. Euronav and Frontline announced today that the companies have signed…
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Tankers
Frontline and SFL agree charter termination for sold VLCC pair
John Fredriksen’s SFL Corporation and Frontline have agreed to terminate the charter deal for two 2004-built very large crude carriers…
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Gas
Cheniere takes option on fifth Flex LNG ship
Cheniere Marketing International, a subsidiary of US LNG player Cheniere Energy, has declared an option to employ a fifth LNG…
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Europe
Jens Martin Jensen appointed to Frontline and Golden Ocean boards
Jens Martin Jensen, back in the fold as John Fredriksen’s key lieutenant, has joined the boards of his tanker firm,…
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Finance and Insurance
Seadrill aims for bankruptcy exit this week
Offshore driller Seadrill, founded in 2005 by Norwegian tycoon John Fredriksen, expects to emerge from bankruptcy protection this month, most…
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Offshore
John Fredriksen moves to take full control of Northern Drilling
John Fredriksen has moved to take full control of Northern Drilling. The Norwegian tycoon’s privately held Hemen Holding has acquired…
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Gas
Avance Gas seals newbuild time charter with Petredec
John Fredriksen-controlled VLGC shipowner Avance Gas has sealed a two-year time charter for dual fuel VLGC to Singapore-based LPG trader…
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Offshore
Fredriksen ups stake in Valaris
Shipping tycoon John Fredriksen has increased his ownership interest in the offshore drilling giant Valaris. Famatown Finance, a company indirectly…
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Finance and Insurance
John Fredriksen buys into Valaris
John Fredriksen has returned to the offshore drilling market, acquiring a stake in Seadrill’s rival and one of the world’s…
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Offshore
Seadrill clinches several new contracts and extensions
Offshore driller Seadrill has bagged several new contracts and contract extensions for its drilling units, according to its latest fleet…
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Tankers
SFL buys four Frontline LR2s
SFL Corporation has swooped for four modern aframax LR2 product tankers, paying John Fredriksen’s Frontline $160m for the quartet which…
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Offshore
Seadrill appoints new board of directors
Offshore driller Seadrill is bringing in some of the industry heavyweights to take over the leadership of the new parent…
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Tech
John Fredriksen lauches clean energy tech company
ST Energy Transition I, a blank check company created by John Fredriksen to target energy transition and clean energy technology,…
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Tankers
Euronav’s CEO plays down Fredriksen takeover talk
John Fredriksen has spotted an investment opportunity rather than hatching a takeover attempt, the boss of tanker rival Euronav said…
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Gas
Flex LNG seals pair of charters
John Fredriksen’s Flex LNG has agreed time charters with an undisclosed energy major for 173,400 cu m LNG carriers, Flex…
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Finance and Insurance
Court approves Seadrill’s rescue plan
John Fredriksen-controlled offshore driller Seadrill could be out of bankruptcy protection in two months after having its restructuring plan approved…
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Tankers
John Fredriksen makes rallying call for tankers by upping stake in Euronav to 10%
Norwegian shipping tycoon John Fredriksen, hailed today as shipping’s Warren Buffet, continues to increase his ownership interest in rival tanker…
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Offshore
Aquadrill offloads semisub and scores drillship contract
Aquadrill has sold one of its semisub rigs for scrap while securing a new drillship contract in Indonesia. In its…
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