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
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
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
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
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),
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
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
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
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.