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Topic: John Fredriksen

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	Financial Mirror
		Fredriksen has felt ill-treated by Norwegian authorities, and the final straw was probably the introduction of a rule limiting the amount of time in Norway to no more than an average of 90 days a year over three years in order not to be taxed by Norway.
		Stoltenberg added that Fredriksen would always be eligible for a minimum pension even with no taxable income - but the tycoon would have to move back and spend time in Norway first.
		Fredriksen bought Frontline for USD 55 mln in 1996, then leveraged up and bought more ships, and watched tanker charter rates soar from $15,000 a day in 2002 to break $100,000 a day in 2004.
	www.financialmirror.com /more_news.php?id=3871 (557 words)

	Alexander's Gas & Oil Connections - Fredriksen bets on LNG
		John Fredriksen, 57, suddenly emerged from the shadows to control the largest fleet of oil tankers in the world in 2001.
		In early 2002, Fredriksen bid for and received a verbal agreement from RasGas, a government-run LNG producer in Qatar jointly owned by ExxonMobil, that one of his ships would be awarded a highly profitable long-term contract to transport LNG to Italy.
		Fredriksen thought the deal was done, but he was subsequently told that a Japanese consortium had been awarded the contract instead.
	www.gasandoil.com /goc/news/nte23872.htm (594 words)

	John Fredriksen - Wikipedia, the free encyclopedia
		John Fredriksen, (born 1944) is an oil tanker and shipping tycoon, owner of the world's largest oil tanker fleet, and was Norway's richest man until he chose to abandon his Norwegian citizenship and take up a Cypriot passport.
		Fredriksen made his fortune during the Iran-Iraq wars in the 1980s when his tankers picked up oil at great risk and huge profits.
		In 2006 John Fredriksen chose to abandon his Norwegian citizenship and is now a citizen of Cyprus.
	en.wikipedia.org /wiki/John_Fredriksen (485 words)

	Tanker tycoon strikes again (Site not responding. Last check: 2007-11-03)
		John Fredriksen, who long ago built up a shipping empire larger than Onassis' ever was, has now set his sights on yet another tanker operation, this one on the south coast of his native Norway.
		Fredriksen and one of the firms he controls, Frontline, signaled Wednesday that they'd reached agreement to buy 60 percent of the shares in shipowning firm Bergshav of Grimstad.
		Fredriksen, however, is known for generally getting what he wants, and it seems unlikely that he'd launch into such a deal unless he was fairly confident he'd turn a profit out of it.
	www.aftenposten.no /english/business/article1061115.ece?service=print (341 words)

	John Fredriksen - Wikipedia
		Fredriksen er kjend for å vere veldig risikovilleg, og har vore nær konkurs ved fleire høver.
		Fredriksen har også investert ein del midlar i fotballklubben Vålerenga.
		Fredriksen er i dag busett på Kypros, og driv sine verksemder frå London, der han eig ein av byens mest verdifulle eigedommar.
	nn.wikipedia.org /wiki/John_Fredriksen (151 words)

	Ragnar Shrugged (Site not responding. Last check: 2007-11-03)
		John Fredriksen has made a fortune in shipping and aqua-business.
		It turns out Fredriksen loved the wealth he created better than the land of the government that wanted to take it, so he left Norway for good to become a citizen of Cyprus.
		He took to the high seas as a pirate, not stealing from producers of wealth but, rather, from government foreign aid ships full of wealth taken from producers to be handed over to the governments that had ruined their own economies.
	www.objectivistcenter.org /cth-43-1702-Ragnar_Shrugged.aspx (497 words)

	Forbes.com - Magazine Article
		Six years ago Fredriksen was just one of several obscure private tanker owners still hurting from the cyclical overbuilding of the Seventies.
		Boris Nachamkin, Fredriksen's former banker at Bankers Trust, recalls a visit to an Athens nightclub with Fredriksen in the early Nineties.
		Fredriksen splurged on champagne for the entire bar, then disappeared at 2 a.m., sticking his bankers with the $15,000 tab.
	www.forbesimg.com /forbes/2001/0430/076_print.html (1138 words)

	Alexander's Gas & Oil Connections - Fredriksen venture to fund acquisition of six LNG tankers
		23-05-01 Shipping magnate John Fredriksen is Norway's richest man, his tanker company Frontline is the world's biggest, and now his week-old gas transport venture Golar LNG has already dwarfed all competitors.
		Through Frontline, Fredriksen has demonstrated a staggering knack for expansion, primarily through the 1997 acquisition of Swedish tanker owner ICB, then through last year's acquisition of the debt-laden London-based Golden Ocean.
		The six LNG ships that Fredriksen already owns were acquired earlier this year, when he bought out the UK's Barclay Brothers and Indonesia's Suharto family to take control of Osprey Maritime, which was de-listed from the Singapore Stock Exchange.
	www.gasandoil.com /goc/company/cne12562.htm (476 words)

	SeaDrill Limited (Site not responding. Last check: 2007-11-03)
		Fredriksen has been the chairman and chief executive officer of Frontline Ltd. since November 1997.
		Fredriksen is also the chairman of Golar LNG Limited and Golden Ocean Group Limited.
		Fredriksen is a Norwegian citizen and a resident of Cyprus.
	www.seadrill.bm /IR/board.shtml (293 words)

	Fredriksen wealthiest of all
		Fredriksen also ranks as one of the world's richest, and his fortune just keeps growing.
		John Fredriksen, age 61, has built up a huge fortune that just keeps growing.
		Fredriksen, who came from humble beginnings on Oslo's east side, built up his fortune through hard work and a penchant for taking risks.
	www.aftenposten.no /english/business/article1120938.ece?service=print (366 words)

	Fleeing Norway's High Taxes, Shipping Tycoon Decamps To Cyprus, by Lorys Charalambous, Tax-News.com, Cyprus
		Shipping magnate John Fredriksen, one of the world's wealthiest inidividuals and owner of the world's largest tanker fleet, has hit the headlines after deciding to turn his back on his native Norway in preference to the sunshine and relatively benign tax regime of Cyprus.
		It would appear from numerous media reports that the final straw as far as Fredriksen was concerned was the decision by the Norwegian government to make individuals resident for tax purposes if they spend on average more than 90 days a year over a three year period, down from six months.
		Fredriksen's route to fortune began as a trainee in a shipbrokering company, and he is now the world’s largest tanker owner, with more than 70 oil tankers and major interests in oil rigs and fish farming.
	www.tax-news.com /asp/story/story_print.asp?storyname=23679 (483 words)

	John C. Fredriksen, Case No. VFA-0724, August 15, 2002 (Site not responding. Last check: 2007-11-03)
		John C. Fredriksen filed an Appeal from a determination that the Department of the Air Force issued to him on November 5, 2001.
		The DOE regulations further provide that documents exempt from mandatory disclosure under the FOIA shall nonetheless be released to the public whenever the DOE determines that disclosure is in the public interest.
		Judicial review may be sought in the district in which the requester resides or has a principal place of business, or in which the agency records are situated, or in the District of Columbia.
	www.oha.doe.gov /cases/foia/vfa0724.htm (1145 words)

	HickeyDon3.htm
		Although Fredriksen's work is marred by a great many transcription errors, it is still the most complete bibliography on the war.
		John Fredriksen, who has emerged as war's unofficial bibliographer (at least of American sources), has published an annotated work describing 870 eyewitness accounts and is now working on an annotated list of the all the manuscript collections bearing on the conflict.
		John Eisenhower's study of Winfield Scott presents a good narrative of Scott's military career but is too uncritical and especially weak whenever the author strays from strictly military matters.
	www.h-net.org /~shear/s2000.d/pa/HickeyDon3.htm (8118 words)

	Alt om John Fredriksen - HegnarOnline (Site not responding. Last check: 2007-11-03)
		Her finner du alt om John Fredriksen de siste par måneden.
		Her finner du alt om John Fredriksen den forrige måneden.
		Og her finner du alt om John Fredriksen de tre månedene før det igjen.
	www.hegnar.no /hegnar/newsdet.asp?id=186452&cat=100 (120 words)

	Frontline Ltd.
		John Fredriksen has been the Chairman of the Board, Chief Executive Officer, President and a director of Frontline Ltd. since November 3, 1997.
		Fredriksen indirectly controls Hemen Holding Ltd, a Cyprus company who is our principal shareholder.
		Fredriksen is a director of and indirectly controls Golar LNG Limited, a Bermuda company listed on the Oslo Stock Exchange and the Nasdaq National Market.
	www.frontline.bm /IR/management.shtml (650 words)

	[No title]
		Norwegian shipping magnate John Fredriksen's Liquefied Natural Gas (LNG) transport company Golar LNG said on Friday it raised $280 million in a private placement and planned to list in Oslo and later this year in New York.
		Fredriksen acquired the tankers earlier this year, having bought out the U.K.'s Barclay Brothers and Indonesia's Suharto family to take control of Osprey Maritime.
		Four of Fredriksen's LNG tankers are tied into long-term contracts with BG Group, which recently announced it had tied up all spare capacity atCS Energy's Lake Charles, La., facility, one of only two functioning import terminals serving booming U.S. energy markets.
	www.marinelink.com /Story/ShowStory.aspx?StoryID=5610 (474 words)

	Amazon.com: "John Fredriksen": Key Phrase page (Site not responding. Last check: 2007-11-03)
		Historian John Fredriksen described Forsyth as "a consummate light-infantry officer whose reckless hauteur became legend- ary.
		Researchers John Fredriksen and Allan Collins have identified some important principles by which such a statement might be developed.
		John Reinhardt, -- Access critical doctor performance information such as certifications and disciplinary actions.
	www.amazon.com /phrase/John-Fredriksen (573 words)

	Is Fredriksen Drilling for a Takeover of Pride Int'l? (PDE) - SeekingAlpha
		Watching Fredriksen's moves and acquisitions is hugely popular among European investors, especially those in the shipping sectors or those who are involved in the Oslo market.
		SeaDrill has been Fredriksen's primary vehicle for investing in the ocean rig space, and as I've written before, he's growing it quickly -- the takeover of Smedvig expanded their rig count dramatically and brought in operating expertise.
		But the next step for Fredriksen is up in the air -- rumors have swirled that SeaDrill will make a bid for a US-based driller in an effort to expand their geographic exposure (and it wouldn't hurt that the dollar is dipping now and making these drillers look more appealing in Norwegian Kroner terms).
	energy.seekingalpha.com /article/11512 (1170 words)

	Welcome to Bunkerworld.com, bunkerfuels, bunkerprices, bunker news, marine fuels, bunker suppliers, bunker traders, ... (Site not responding. Last check: 2007-11-03)
		The Norwegian shipowner John Fredriksen is considering a claim against the port authorities of Milford Haven, the Norwegian business newspaper Dagens Naeringsliv said today.
		Fredriksen to consider claiming damages from the port authority.
		Fredriksen comes in addition to damage claims from other parties after the oil spill.
	www.bunkerworld.com /news/archive1qtr_99/bullet_160299_3.htm (228 words)

	Fredriksen: Warbirds: An Illusrated Guide
		John Fredriksen has given us a portrait, specifications, and brief history for each of 327 American warplanes.
		Well, I checked those known to me, and all are present and accounted for, including such obscurities as the CW-21 Demon, whose only brush with U.S. service was the three acquired (and wrecked) in 1942 by the American Volunteer Group in China.
		And Warbirds II International Warbirds: An Illustrated Guide to World Military Aircraft, 1914-2000 by John C. Fredriksen and Walter Boyne.
	www.warbirdforum.com /fredrik.htm (226 words)

	Growfish - Gippsland Aquaculture Industry Network (GAIN)
		A share issue for a total of NOK 5.45 billion (USD 822 million) was fully and quickly subscribed after a short period on Monday evening.
		The purchase was financed with a share float aimed at a limited group of Norwegian professional and international investors.
		Fredriksen, who did not take part in the share emission, holds a 30 percent stake in Pan Fish.
	www.growfish.com.au /content.asp?ContentId=6075 (1069 words)

	Shipping, shipbuilding, offshore news
		John Fredriksen continues to expand his offshore drilling rig interests.
		John Fredriksen of Seatankers Management Co. Ltd said "We have chosen to build the rigs in Jurong Shipyard based on the shipyard's proven track record in building quality rigs.
		We are extremely pleased to be able to work with such a first class shipyard.
	www.marinelog.com /DOCS/NEWSMMV/2005jun0202.html (642 words)

	John Fredriksen Invest AS agreed to acquire Arcadia Petroleum Ltd from Mitsui & Co Ltd \| newratings.com (Site not responding. Last check: 2007-11-03)
		John Fredriksen Invest AS agreed to acquire Arcadia Petroleum Ltd from Mitsui and Co Ltd
		John Fredriksen Invest AS agreed to acquire Arcadia Petroleum Ltd from Mitsui and Co Ltd
		Mergerstat Review John Fredriksen Invest AS agreed to acquire Mitsui & Co Ltd's London-based oil trading division, Arcadia Petroleum Ltd, for an approximate consideration of USD50 million.
	www.newratings.com /analyst_news/article_1079176.html (161 words)

	John Fredriksen, The World's Richest People - Forbes.com (Site not responding. Last check: 2007-11-03)
		Growth in worldwide ship fleets has reduced freight rates even as crude oil and natural gas prices soared in 2005.
		But that hasn't stopped Norwegian shipping magnate John Fredriksen, who spent 2005 on a buying spree.
		And Fredriksen has set his eyes beyond shipping: He roiled Norway's fishing industry last year by scooping up controlling interests in two major fishing companies, and has committed to buying Arcadia, a London-based oil trading firm, in March.
	www.forbes.com /lists/2006/10/5E12.html (166 words)

	OceanConnect.com - Marcograms
		In the case of John Fredriksen apparently a lot!
		Fredriksen may begin to take some of his investment out of the his companies.
		John Fredriksen in the years that I have know him had one dream and that to build the largest shipping fleet in the world.
	www.oceanconnect.com /portal/news/viewmgram.jsp?mgramId=282 (988 words)

	Planet Ark - Pan Fish Buys Rival to Create Biggest Fish Farmer (Site not responding. Last check: 2007-11-03)
		Billionaire John Fredriksen, Norway's richest man and owner of the world's top independent oil tanker group Frontline, controls Pan Fish.
		Pan Fish will fund the takeover from Fredriksen's own investment group Geveran - which earlier on Monday bought Marine Harvest from tanker company Stolt-Nielsen and Dutch food company Nutreco - with a 680 million euro share issue and 700 million euro in debt.
		The deal indirectly increases Fredriksen's control of Pan Fish, in which he was already the main shareholder.
	www.planetark.com /avantgo/dailynewsstory.cfm?newsid=35490 (522 words)

	Amazon.com: Dino-Guide: The Saurian Source Book: Books: John C Fredriksen (Site not responding. Last check: 2007-11-03)
		This item is not eligible for Amazon Prime, but over a million other items are.
		John C. Fredriksen holds degrees from UCLA, the University of Michigan, the University of Rhode Island, and Providence College.
		He is the author of several reference books and articles on military history.
	www.amazon.com /Dino-Guide-Saurian-Source-John-Fredriksen/dp/0967485606 (495 words)

	John Fredriksen, make way for Venezuela's Onassis! \| www.vcrisis.com \| printer friendly version (Site not responding. Last check: 2007-11-03)
		John Fredriksen is meant to be the world's leading shipping tycoon.
		But since competition is a given in our capitalist world, Venezuela's Onassis, aka Hugo Chavez, has pledged to purchase, since 2005, 62 oil tankers -36 from Brazil, 8 from Argentina and 18 from China- which will place him right up there in Fredriksen's league.
		Purportedly China's shipyards are to build some VLCCs for Chavez.
	www.vcrisis.com /print.php?content=letters/200608210912 (140 words)

	Brudirect.com - News Updates
		His Royal Highness Prince Jefri Bolkiah now shares the honour of having the most expensive house in London with John Fredriksen, the Norwegian owner of the Frontline company, who has bought the Old Rectory in Chelsea, London from the Greek family of Theodore Angelopoulos for more than 40m.
		Prince Jefri had bought St John's Lodge in Regent's Park in London for more than 40m six years ago.
		That still leaves London's most expensive house on the market, No 18-19 Kensington Palace Gardens, which has an area of 55,000 square feet with 9,000 square feet covered in marble, with no buyer.
	www.brudirect.com /DailyInfo/News/Archive/Aug01/020801/bb03.htm (166 words)

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