Frontline 2012 to take stake in VLGC operator Avance

AUGUST 22, 2013 — VLGC (Very Large Gas Carrier) operator Avance Gas Holding Ltd. is set to get more ships and a new shareholder: John Fredriksen’s Frontline 2012. Stolt-Nielsen Gas, Sungas Holdings

Deep Sea Supply looks to add PSV newbuilds

AUGUST 15, 2013 — Cyprus based offshore service vessel operator Deep Sea Supply (Oslo: DSS) said today that it is in discussions with a company affiliated with its largest shareholder, John Fredriksen’s

Seadrill gets a new CEO

JULY 19, 2013 — Per Wullf is to succeed Fredrik Halvorsen as Chief Executive Officer of Seadrill Management Limited. Mr. Wullf has worked for Seadrill since February 2009 as Executive Vice President

Seadrill orders four more newbuild drillships

JULY 15, 2013 — John Fredriksen’s Seadrill Limited has entered into turnkey contracts to build four new ultra-deepwater drillships at Korean shipyards. Two will be built at DSME and two at Samsung.

Seadrill-Sapura JV wins $2.7 billion Petrobras contract

JUNE 28, 2013 — Seadrill Limited  and Malaysia’s SapuraKencana Petroleum Berhad today announced that their jointly owned entity, Sapura Navegação Marítima S.A., Brazil has been awarded a contract from Petrobras to charter

Golden Ocean buys two ice class Panamax newbuilds

MAY 27, 2013 — John Fredriksen controlled dry bulk specialist Golden Ocean Group Limited reports that it has entered into an agreement to buy two ice class Panamax vessel resales built by

Ship Finance International buys two car carriers

OCTOBER 24, 2012 —  John Fredriksen’s Ship Finance International Limited ( NYSE : SFL ) has gotten into the car carrier business. It reported today that it has agreed to purchase, “at