Paid in full: John Fredriksen banks last of $470m owed by Frontline
Tycoon had loaned cash to his tanker company to complete acquisition of 24 VLCCs from Euronav
Paid in full: John Fredriksen banks last of $470m owed by Frontline Read More »
tankers
Frontline sells 10 suezmaxes in Chinese refinancing deal as profit weakens
John Fredriksen tanker company agrees leaseback transaction with CMB Financial Leasing
Frontline sells 10 suezmaxes in Chinese refinancing deal as profit weakens Read More »
US stocks shrug off Trump and hit new highs, but shipping doesn’t share the wealth
President-elect’s tariffs talk rattled some nerves, but not for long
US stocks shrug off Trump and hit new highs, but shipping doesn’t share the wealth Read More »
Expect more fines for Russia sanctions breaches, says UK’s top enforcer
Giles Thomson says bigger and more penalties are on the horizon for breaches of Russian regime
Expect more fines for Russia sanctions breaches, says UK’s top enforcer Read More »
John Fredriksen’s Frontline and Golden Ocean see profit forecasts tumble
Weak freight markets have pushed down Ebitda estimates for both companies
John Fredriksen’s Frontline and Golden Ocean see profit forecasts tumble Read More »