Fish and ships’ tycoon turns 70



John Fredriksen worked hard all his life to become one of the most powerful shipowners in the world. Along the way he also invested in other businesses, not least fish farming. The legendary tycoon, who now ranks as one of the wealthiest men not just in Norway but the world, turned 70 over the weekend and is showing no signs of slowing down.

John Fredriksen, arguably Norway’s most successful shipowner and investor ever, turned 70 over the weekend. Fredriksen, who grew up in a working class district of Oslo now ranks as one of the world’s wealthiest men. PHOTO: Håkon Mosvold Larsen / NTB Scanpix

His twin daughters Cecilie and Kathrine, who stand to inherit the empire Fredriksen built up, have tried

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La Naval de Sestao cierra el contrato de un ferry para la naviera holandesa TESO

El astillero vasco construirá un buque de 135 metros de eslora con propulsión mixta gas-diésel para 1.750 pasajeros

Xabier Aja- Viernes, 9 de Mayo de 2014 - Actualizado a las 05:54h

Diseño del nuevo barco, el 'Texelstroom', un ferry simétrico con dos puentes de mando que construirá La Naval de Sestao en dos años. (Deia)

BILBAO - El astillero vasco de La Naval-CNN ha empezado a ver la luz tras cerrar el contrato para construir un buque para el armador holandés TESO. El nuevo buque asegura carga de trabajo para las instalaciones del astillero de Sestao durante dos años pues supone, según fuentes de la empresa, la realización de unas 600.000 horas

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A Partial Solution to the Problems of a Filthy and Dangerous Freighter


Arrest Postponed as ITF Steps in to Assist Crew

UK – Further to our recent story regarding the stranded crew of the MV Munzur, the Panamanian flagged, Turkish owned freighter which has been detained by the UK authorities over health and safety matters, comes some good news thanks to the efforts of the International Transport Workers Federation (ITF) who had threatened the ship with arrest if the owners failed to pay outstanding wages.  

An ITF statement says it is ‘able to report progress in the case of the filthy and unsafe vessel Munzur, which is detained in Fowey in Cornwall, United Kingdom. Following the passing of a deadline for action by the owners to pay and repatriate its crew, the company has now agreed to pay all

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Flags of Convenience

Flags of Convenience


Shipowners have almost unlimited freedom to choose the way in which they operate their vessels - including the choice of flag. Cheap registration fees, low or no taxes, relaxed operational requirements and freedom to employ cheap labour are among the reasons why many shipowners choose not to register in their own countries or under traditional flags.

However, a Flag of Convenience (FoC) ship is not simply one that flies the flag of a country other than that of its owner's home country. When declaring a register as a FoC, the International Transport Workers' Federation (ITF) will assess a number of factors, including a flag state's ability and willingness to enforce international minimum social standards on its vessels, and the safety and environmental

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Norwegians Make A Difference

For more than four decades, Norwegian Cruise Line has committed to the protection of the oceans through sustainable environmental practices, investments in technology and a commitment to exceed regulatory requirements, fulfilling its core company value of Environmental Protection.  On this Earth Day, Norwegian celebrates key achievements from the past year that, as a part of the company’s Eco-Smart Cruising program, help preserve the world’s oceans. 

With Eco-Smart Cruising, the company is leading the cruise industry with many innovative environmental policies and technologies—from garbage, waste and recycling programs to reducing the operational impact on the environment. In 2013 alone, Norwegian achieved the following earth-saving milestones:

Recycled 1,254 tons of cardboard, saving 23,540 mature trees. This represents enough saved timber resources to produce more than 292

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