Search results for: Geveran

46 results

A list of search results

  • 24 September 2014

    John Fredriksen’s Geveran Trading has purchased about 15.5 milion shares in Flex LNG. “The Board of Directors of Flex LNG believes that Geveran’s investment in Flex LNG serves to illustrate the value potential in the company and is looking forward to a positive dialogue with Geveran as the largest shareholder of Flex LNG,” the company said in a statement […]

  • 16 February 2017
    Business & Finance

    John Fredriksen-controlled Flex LNG said it was contemplating the acquisition of shipbuilding contracts for two high-end MEGI LNGC newbuilds at South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME). The contracts are currently held by affiliates of Geveran Trading Co. Ltd. (Geveran), the company’s largest shareholder. With this move, Flex LNG will have a uniform fleet […]

  • 8 January 2015

    After completing the takeover of Flex LNG on December 18, Geveran Trading has continued to purchase company shares.

  • 17 February 2017
    Project & Tenders, Vessels

    Flex LNG, the shipping company controlled by billionaire John Fredriksen, plans to purchase two liquefied natural gas (LNG) carriers from its largest shareholder, Geveran Trading. The acquisition of the two shipbuilding contracts would give Flex LNG a uniform fleet of four M-type, Electronically Controlled, Gas Injection (MEGI)-powered vessels, the company said in a statement on Thursday. […]

  • 1 July 2015
    Project & Tenders

    Belgium’s Exmar, Flex LNG and Geveran Trading, a John Fredriksen controlled company, have agreed to join forces in a $2.3 billion move, creating Exmar LNG, a major independent LNG infrastructure player.

  • 24 December 2014

    Geveran Trading will hold 81.94% shares in Flex LNG following the expiry of the acceptance period of the offer.

  • 16 June 2014

    Geveran Trading, indirectly controlled by trusts established by John Fredriksen, has on 16th June  purchased 12.672.164 shares in Flex LNG at a price of NOK 6,00 per share. Geveran Trading’s affiliated ownership in Flex LNG following this transaction 20.371.675 shares, constituting 16.1% percent of the issued share capital. 1 Norwegian krone =0.166736 U.S. dollars [mappress] LNG World News Staff, June […]

  • 23 September 2015
    Business & Finance

    A proposed USD 2.3 billion joint venture between Belgian liquefied natural gas (LNG) carrier owner and operator Exmar and John Fredriksen’s Geveran and Flex LNG has been shelved as the parties could not agree on the terms, Exmar said in a statement. Back in July, Exmar and Geveran had agreed to pool their LNG assets and infrastructure […]

  • 24 October 2014

    Flex LNG said that Geveran Trading bought approximately 12.7 million shares in the company. This purchase brings Gevaran’s total ownership in Flex LNG to 43.32% of the issued share capital. Gevaran has also stated the intention to launch a mandatory offer for all of the shares of Flex LNG.   [mappress mapid=”15675″] Press Release; Image: Flex LNG

  • 23 September 2015
    Business & Finance

    A proposed USD 2.3 billion joint venture between Belgian liquefied natural gas (LNG) carrier owner and operator Exmar and John Fredriksen’s Geveran and Flex LNG has been shelved as the parties could not agree on the terms, Exmar said in a statement. Back in July, Exmar and Geveran had agreed to pool their LNG assets and infrastructure […]

  • 1 July 2015
    Project & Tenders

    Belgium’s Exmar, Flex LNG and Geveran Trading, a John Fredriksen controlled company, have agreed to join forces in a $2.3 billion move, creating Exmar LNG, a major independent LNG infrastructure player.

  • 20 February 2017
    Vessels

    Flex LNG, the shipping company controlled by billionaire John Fredriksen, raked in a total of US$110 million securing funds for the acquisition of Geveran MEGI LNG newbuilds.

  • 18 December 2014

    K Line tendered it total shareholding in Flex LNG in connection with the ongoing mandatory offer set forth by Geveran Trading.

  • 6 September 2013

    Geveran Trading Co Ltd, which is indirectly controlled by trusts established by John Fredriksen, has on Thursday purchased 9.922.105 shares in FLEX LNG at a price of NOK 5,59 per share. Geveran Trading’s affiliated ownership in FLEX LNG is following this transaction 9.922.105 shares, constituting 7.8% percent of the issued share capital, the company said […]

  • 7 March 2018

    Flex LNG, an emerging player in the LNG sector said that Geveran Trading, another John Fredriksen controlled company settled total return swap (TRS) agreements underlying 810,000 shares in Flex LNG, expiring March 6.

  • 1 July 2015
    Business & Finance

    Belgian liquefied natural gas (LNG) carrier owner and operator Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd. Geveran and Exmar will pool their LNG assets and infrastructure under Flex LNG, in exchange for new […]

  • 1 July 2015
    Business & Finance

    Belgian liquefied natural gas (LNG) carrier owner and operator Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd. Geveran and Exmar will pool their LNG assets and infrastructure under Flex LNG, in exchange for new […]

  • 28 April 2017
    Vessels

    Flex LNG, the shipping company controlled by billionaire John Fredriksen, said it is considering to buy two MEGI LNG carriers from the company’s largest shareholder, Geveran Trading’s affiliates.

  • 24 October 2014
    Business & Finance

    Billionaire John Fredriksen increased his share in Flex LNG to 43.32%, triggering a mandatory offer for all of the shares of the London-based liquefied natural gas carrier. Fredriksen bought additional 12.7 million shares at NOK 7.75  apiece through Geveran Trading Co Ltd. Geveran plans to make a mandatory offer for the remaining shares of Flex LNG […]

  • 28 April 2017
    Business & Finance

    John Fredriksen-controlled Flex LNG is looking to secure funds for the purchase of two MEGI LNG carriers currently under construction at South Korean Daewoo Shipbuilding and Marine Engineering (DSME). The funds would be secured through a private placement of over 89.4 million new shares at a subscription price of NOK 12 per share, raising gross proceeds of […]

  • 10 December 2014

    Flex LNG Board of Directors has advised its shareholders not to accept the offer by Geveran Trading

  • 19 February 2017

    Inpex names Ichthys LNG offshore facilities Inpex-operated Ichthys LNG project held two naming ceremonies at the South Korean shipyards for the project’s two offshore facilities. Flex LNG looking to buy two Geveran MEGI LNG newbuilds Flex LNG, the shipping company controlled by billionaire John Fredriksen, plans to purchase two liquefied natural gas (LNG) carriers from […]