Norwegian billionaire John Fredriksen has given the clearest signal yet about the future direction of his shipping empire, as Dubai-based GP Global hits out at the sharks circling the companys assets as it continues to restructure
TWO former fund managers have joined John Fredriksens private investment vehicle with a mandate to restructure and invest outside shipping and oil and gas.
The move has led to speculation that the owner is considering a private equity buyer for the entire portfolio.
Tor A Svelland, a Norwegian hedge fund manager, started as chief executive of Seatankers Group on August 28, alongside former investment director of ODIN Fund Management, Vegard Soraunet.
The Seatankers Group, incorporating Golden Ocean Group, Fro…
Read the full article at: https://lloydslist.maritimeintelligence.informa.com/LL1133902/From the News Desk Major players push on with company restructuring