John Fredriksen

Chairman, President & Director at Frontline Ltd.

John Fredriksen

John Fredriksen

Chairman, President & Director at Frontline Ltd.

Overview
Career Highlights

Frontline Ltd.
Frontline 2012 Ltd.
Frontline Management AS

RelSci Relationships

237

Primary Location

City of London, United Kingdom

Number of Boards

15

Birthday

05/10/1944 - Oslo, VF, Norway

Age

75

Number of Awards

12

Estimated Net Worth

$9.9B

Interests

Artwork Collecting

Relationships
RelSci Relationships are individuals John Fredriksen likely has professional access to. A relationship does not necessarily indicate a personal connection.

Chief Executive Officer, Chief Financial Officer, Secretary, Director & CAO at Golden State Petroleum Transport Corp.

Relationship likelihood: Strong

Chief Financial Officer at Frontline Ltd.

Relationship likelihood: Strong

President, Secretary & Director at SFL Clyde, Inc.

Relationship likelihood: Strong

Principal Executive Officer at Frontline Ltd.

Relationship likelihood: Strong

Founder at Magni Partners Ltd.

Relationship likelihood: Strong

Acting Chief Executive Officer of Frontline Management as at Frontline 2012 Ltd.

Relationship likelihood: Strong

Interim Chief Executive Officer at Golden Ocean Group Ltd.

Relationship likelihood: Strong

Professional at Fredriksen Group

Relationship likelihood: Strong

Professional at Frontline Corporate Services Ltd.

Relationship likelihood: Strong

Professional at Fredriksen Group

Relationship likelihood: Strong

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John Fredriksen
Chairman, President & Director at Frontline Ltd.
Family Members
Career History
Chairman, President & Director
1997 - Current

Frontline Ltd. ("Frontline") has its origin in Frontline AB, which was founded in 1985, and which was listed on the Stockholm Stock Exchange from 1989 to 1997. Hemen Holding Ltd. (a company indirectly controlled by trusts established by our Chairman John Fredriksen for the benefit of his immediate family) became the largest shareholder of Frontline AB in 1996. In May 1997, a decision was made at the general meeting in Frontline AB to change its domicile from Sweden to Bermuda and to list its shares on the Oslo Stock Exchange. The change of domicile was executed through a share for share exchange offer from the then newly formed Frontline in Bermuda. As a result of the acquisitions of vessels and shipping companies, Frontline has established itself as the world leader in the international seaborne transportation of crude oil, with one of the world's largest fleets of VLCC and Suezmax tankers and Suezmax OBO carriers. Frontline is committed to providing quality transportation services to all its customers and to developing and maintaining long-term relationships with the major charterers of tankers.

President
2005 - 2019

Seadrill is a leading offshore deepwater drilling company, aiming to be our customers' most important partner in making oil and gas available in a safe and cost-effective manner. The company operates a versatile fleet of 75 units that comprises drillships, jack-up rigs, semi-submersible rigs and tender rigs for operations in shallow to ultra-deepwater areas in harsh environment and benign environments.

Chairman, President & Chief Executive Officer
2004 - Prior

Golden Ocean Group Ltd. (GOGL) is a leading international dry bulk shipping company based in Bermuda, mainly operating in the Capesize and Panamax market segments. The Golden Ocean Group fleet is managed by the fully owned subsidiary Golden Ocean Group Management (Bermuda) Ltd, who in turn has subcontracted services to Golden Ocean Management AS and Golden Ocean Management Asia Pte Ltd. Mission is to provide customers with flexible and reliable transportation services and develop strong industry relations with partners and customers, leading to superior returns to the Company's shareholders. Golden Ocean Group is operating with a fully integrated commercial management structure responsible for all vessels and contracts. Technical operations and crewing of all owned vessels is outsourced to a few leading ship management companies. The Company is focusing on the Panamax and Capesize market. Golden Ocean Group is targeting low overhead and daily ship operating costs. Golden Ocean seeks to optimize its investment and divestment decisions, and the short and long chartering positions, as a function of the cyclical nature of the business. In order to optimize the return to equity holders, the company is seeking financing which includes an attractive combination of debt and equity. Golden Ocean is, in connection with ownership of vessels, focusing on the overall cash break-even rates needed to support the specific project as well as the company. To balance the risk Golden Ocean might seek charter coverage in the physical and financial markets. The growth of the Company can be achieved by acquiring additional tonnage through individual purchases, en bloc purchases, as well as small or large corporate transactions. The growth can also be achieved through entering into major short or long term contracts for transportation of goods and chartering of vessels. Golden Ocean is positioning itself as an attractive investment vehicle for public investors. The major building blocks are transparency, good corporate governance, strong management team, competitive cost base, active business dealing, and attractive long term equity return and shareholder friendly information philosophy. Efficiently priced equity is a major condition for the growth of the company. Through an attractively priced equity, Golden Ocean can act as a consolidator in a highly fragmented market

Boards & Committees
Director
2019 - Current

New Sdrl Ltd. engages in providing offshore drilling services to the oil and gas industry. It owns and operates drill ships, semi-submersible rigs and jack-up rigs for operations in shallow, mid, deep and ultra-deep water areas, and in benign and harsh environments. The company was founded on March 14, 2018 and is headquartered in Hamilton, BM.

Independent Director
2015 - Current

Golden Ocean Group Ltd. engages in the ownership and operation of dry bulk vessels. The company manages Newcastlemax, Capesize, Panamax, and Ultramax vessels and transports bulk commodities, including ores, coal, grains, and fertilizers. It also involves in the charter, purchase, and sale of vessels. The company was founded on September 18, 1996 and is headquartered in Hamilton, Bermuda.

Chairman of the Board
2011 - Current

North Atlantic Drilling Ltd. provides environment offshore drilling services for national, international, and independent oil and gas companies. Its drilling units include West Phoenix, Alpha, Venture, Rigle, Elara, Linus, Epsilon and West Navigator. The company was founded on February 10, 2011 and is headquartered in Hamilton, Bermuda.

Investments
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Oncoinvent AS develops antibody based therapeutic molecules for cancer treatment. It offers antigen-binding domains that develops coupling to nanoparticles and drug candidates. The firm provides antibodies (the OI-antibodies) with clinical relevant binding-specificity and also designs molecules and drug conjugates for treatment of specific cancer diseases. The company was founded by Tina Bjornlund Bonsdorff, Øyvind Sverre Bruland, Roy Hartvig Larsen, and Thora Johanna Jonasdottir in 2010 and is headquartered in Oslo, Norway.

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John Fredriksen Invest AS provides maritime activities. The company is located in Norway.

Public Holdings
Restricted data only for RelSci Professional users.
Awards & Honors
Rank #131
2017
Forbes Magazine - The World's Billionaires
Rank #133
2016
Forbes Magazine - The World's Billionaires
Rank #120
2015
Forbes Magazine - The World's Billionaires
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