Offshore wind service company Edda Wind (OSL:EWIND), Haugesund, Norway, has ordered three Commissioning Service Operation Vessels (CSOV) in addition to the six it already has under construction. On delivery of the three
Norwegian offshore wind service specialist Edda Wind, which is owned on a 50/50 basis by Wilhelmsen New Energy AS and Østensjø Wind AS, today announced it had launched its long expected Oslo
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
John Fredriksen controlled tanker giant Frontline Ltd. reported first quarter results that included net income of $165.3 million compared with $40.1 million in the same quarter of 2019. “Frontline achieved its strongest
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
OCTOBER 11, 2018 — Flex LNG Ltd. (OSE: FLNG) has completed a private placement raising gross proceeds of the NOK equivalent of $300 million. The private placement was significantly oversubscribed. Geveran Trading
AUGUST 17, 2018 — John Fredriksen controlled dry bulk specialist Golden Ocean Group Limited announced results for the quarter ended June 30, 2018 that included net income of $9.0 million and earnings
JUNE 28, 2018 — John Fredriksen’s tanker company, Frontline Ltd. (NYSE:FRO), has entered into memorandum of agreement (MOA) to take a 20% ownership stake in exhaust gas cleaning system manufacturer Feen Marine
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
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