MARCH 15, 2017 — Golden Ocean Group Ltd. (NASDAQ/OSE: GOGL) has successfully raised around $60 million through a private placement of 8,607,800 New Shares. It says that the private placement received very
MARCH 2, 2017 — Daewoo Shipbuilding & Marine Engineering today announced that, on February 2, it had booked a shipbuilding contract worth a potential one trillion won (about $872 million) from unnamed
FEBRUARY 28, 2017 — John Fredriksen’s Frontline Ltd. (NYSE/OSE: FRO) today reported unaudited results for the quarter and year ended December 31, 2016. The company reported net income of $18.3 million, or
FEBRUARY 10, 2016 — The back and forth between John Fredriksen controlled tanker giant Frontline Ltd (NYSE:FRO) and DHT Holdings (NYSE:DHT) continues. Back in January, Frontline revealed that it already held 16.4%
FEBRUARY 6, 2017 — With tough times persisting in the offshore services sector, stakeholders are planning a three way merger of Solstad Offshore, Farstad Shipping and Deep Sea Supply. What will emerge,
JANUARY 30, 2017—In response to an unsolicited takeover bid by John Fredriksen’s Frontline Ltd (FRO), DHT Holdings, Inc. (NYSE: DHT) has adopted a “poison pill” plan that would allow the company to
DECEMBER 20, 2016— Chembulk Tankers CEO John D. “Jack” Noonan, CEO has been named as the Connecticut Maritime Association (CMA) Commodore for 2017. Selecting annually by CMA, the award is bestowed upon
OCTOBER 4, 2016 — Sembcorp Marine Ltd says that its Jurong Shipyard Pte Ltd subsidiary has agreed to continue its standstill agreement with John Fredriksen backed North Atlantic Drilling Ltd for the
JUNE 2, 2016 — With fishing farming (aquaculture) booming and the offshore service vessels market not so much, two companies in which John Fredriksen has an interest plan an interesting joint venture.
MAY 31 2016 — John Fredriksen’s Frontline Ltd. today reported unaudited results for the quarter ended March 31, 2016 that saw net income reach $78.9 million, or $0.50 per share. It also
