John Fredriksen

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Frontline swoops on six VLCC newbuild resales

John Fredriksen controlled Frontline Ltd. (NYSE and OSE: FRO) reports that it has entered into an agreement for the resale acquisition of six latest-generation ECO-type VLCC newbuilding contracts. The six VLCCs are

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Ship Finance International acquires two big box ships

JANUARY 2, 2019 — John Fredriksen’s Ship Finance International Limited (NYSE: SFL) closed 2018 by reporting that it had acquired two 2016-built 19,400 TEU container vessels and contracted the vessels until late

Seadrill set to exit Chapter 11 bankruptcy

APRIL 18, 2018 — Offshore drilling contractor Seadrill Limited reports that its plan of reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. Seadrill says the

Seadrill files for Chapter 11 bankruptcy

SEPTEMBER 12, 2017 — Offshore drilling contractor Seadrill Limited has today filed prearranged Chapter 11 cases in the Southern District of Texas together with an agreed restructuring plan. As part of the