krogragg

Category: John Fredriksen

  • Frontline sells eight older VLCCs and buys nine newbuilds

    Frontline sells eight older VLCCs and buys nine newbuilds Tanker giant Frontline plc [NYSE: FRO] has taken a strategic fleet renewal initiative that involves the acquisition of new vessels and the sale of older vessels. The vessels being disposed of are eight of the company’s oldest first-generation ECO very large crude carriers (VLCCs), built between…

  • CMB.TECH and Golden Ocean merger will create 250 ship behemoth

    CMB.TECH and Golden Ocean merger will create 250 ship behemoth CMB.TECH NV [NYSE: CMBT] and Golden Ocean Group Limited [NASDAQ: GOGL] are set to merge, creating one of the largest diversified listed maritime groups in the world with a combined fleet of more than 250 vessels. The merger agreement comes after Saverys-family-controlled tanker company CMB.TECH…