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Fredriksen Group

Ship Finance International offloads VLCC

18 November 2018

John Fredriksen’s Ship Finance International (SFI) says it has agreed to sell 2002-built VLCC tanker to an unrelated third party. The vessel, which is scheduled for deliver to the new owner before the end of the year, was sold for $30.7m. The price is significantly higher than the MSI fair market...

https://splash247.com/ship-finance-international-offloads-vlcc/

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Frontline commits to more Feen scrubbers

2 November 2018

John Fredriksen’s Frontline has ordered more scrubbers from Feen Marine Scrubbers, the company it bought a 20% stake in earlier this year. Frontline now has commitments to install 20 scrubbers, including those going onto newbuild VLCCs Front Discovery and Front Defender. Robert Hvide Macleod, CEO...

https://splash247.com/frontline-commits-to-more-feen-scrubbers/

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Flex LNG splashes out over $900m on five LNG carrier newbuilds

10 October 2018

Flex LNG has announced a $300m private placement, the proceeds of which will be used to acquire five LNG carrier newbuildings from the company’s largest shareholder, John Fredriksen’s Geveran Trading. The vessels are currently under construction, with three MEGI LNG carriers being built at DSME,...

https://splash247.com/flex-lng-splashes-out-over-900m-on-five-lng-carrier-newbuilds/

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