2020 Bulkers Ltd opts to install scrubbers on newbuilds

APRIL 27, 2018 — A dry bulk shipping company launched by John Fredriksen’s former right-hand man Tor Olav Troim is opting to install exhaust gas scrubbers on its yet to be delivered

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 at “pivotal moment” in restructuring plans

FEBRUARY 26, 2018 — John Fredriksen controlled offshore drilling contractor Seadrill Limited reports that it has succeeded in reaching a global settlement with an ad hoc group of bondholders, the official committee

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

Marshall Islands court rules against Frontline

JUNE 7, 2017 — DHT Holdings, Inc. (NYSE:DHT) reports that the High Court of the Marshall Islands has denied a request by John Fredriksen controlled Frontline Ltd. for a preliminary injunction relating

DHT say no to latest Frontline approach

MAY 7, 2017 — “We did not build this company simply to hand it over to you on the cheap,” the Board of tanker owner DHT Holdings, Inc. (NYSE: DHT) says in

Seadrill to sell three jack-ups to Shelf Drilling

MAY 1, 2017 — John Fredriksen’s Seadrill Limited today reported that it has reached an agreement with Dubai based Shelf Drilling Ltd to sell the jack-ups West Resolute (Marathon LeTourneau Super 116-C),

Frontline spat with DHT moves to the Marshall Islands

APRIL 27, 2016 — John Fredriksen’s Frontline Ltd.(NYSE/OSE: FRO) is continuing its effort to acquire DHT Holdings, Inc. (NYSE: DHT). Should it succeed the resulting merged company would become the world’s second

Seadrill warns of Chapter 11: Share price plummets

APRIL 4, 2017 — Shares in John Fredriken’s Seadrill Limited (NYSE:SDRL) plunged today as the drilling contractor warned that a restructuring plan it is working on “will likely involve schemes of arrangement

Fredriksen companies give DSME “trillion won” order

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