Kathrine Fredriksen

Last updated

Kathrine Fredriksen
Born
Kathrine Astrup Fredriksen

(1983-09-29) 29 September 1983 (age 40)
London, England
NationalityNorwegian
Alma mater European Business School London
OccupationBusinesswoman
Board member ofNorwegian Property
Parent(s) John Fredriksen
Inger Astrup Fredriksen

Kathrine Astrup Fredriksen (born 29 September 1983) is a Norwegian businesswoman. She is serving as a board member of one of Norway's biggest listed real estate companies, Norwegian Property, [1] and has previously been on the boards of Seadrill, [2] Golar LNG, [3] Frontline [4] and Deep Sea Supply. [5] Fredriksen oversees the Fredriksen family’s investments and is involved in high level decisions as well as administration of the organization.

Contents

Fredriksen is heiress to her family's shipping fortune, valued at $16.4 billion by Forbes in 2013, when her father John Fredriksen the world's 48th richest person. [6]

Early life

Kathrine was born in London, England, the daughter of shipping-tycoon John Fredriksen and art-collector Inger Astrup Fredriksen. Together with her twin sister Cecilie, she grew up in their family homes in London, Cyprus, Spain and Oslo. When Kathrine was 23, her mother died from cancer. [7] The same year, the Fredriksen family donated 50 million NOK to cancer research. [8]

Education

Fredriksen studied at Wang Handelsgymnas in Oslo, followed by a degree at European Business School London in 2006. [9] [10] [11] [12] [13]

Career

After university, Fredriksen spent extensive time in Asia to learn more about the shipping business. [14] In February 2008 she became a board member of Frontline, [15] one of the world's largest shipping companies. In 2014 Fredriksen and her family were listed as the 6th richest people in Britain with a combined wealth of £9.25bn on The Sunday Times Rich List . [16] James Winchester, a veteran shipping analyst at Lazard Frères has said of him, "He's a modern-day Onassis. The tanker king. He landed squarely in the sweet spot of the tanker cycle, with the largest fleet of ships." In 2001 an article on Forbes.com described him as having "a tanker fleet bigger than anything Aristotle Onassis ever had." in Forbes Magazine. [17]

In 2009, Fredriksen was named one of the world’s most promising female heiresses by Forbes Magazine. [18] She is known for being very private and rarely speaks to the press. [14]

Fredriksen has held directorships on several boards:

Fashion

Fredriksen has expressed a keen interest in art, design and fashion and is on the council of Serpentine Gallery. [14] [21]

In 2012, Fredriksen started working with the Georgian-born London based fashion designer David Koma, [22] who graduated with a distinction in MA Fashion from Central Saint Martins College of Art and Design in 2009. [23]

Related Research Articles

<span class="mw-page-title-main">Yamalo-Nenets Autonomous Okrug</span> Autonomous okrug in Ural, Russia

The Yamalo-Nenets Autonomous Okrug or Yamalia is a federal subject of Russia and an autonomous okrug of Tyumen Oblast. Its administrative center is the town of Salekhard, and its largest city is Novy Urengoy. The 2021 Russian Census recorded its population as 510,490.

<span class="mw-page-title-main">Frontline Ltd.</span>

Frontline PLC is the world's fourth largest oil tanker shipping company, based in Limassol, Cyprus and controlled by John Fredriksen. Its primary business is transporting crude oil. As of 2008 the company had one of the world's largest tanker fleets consisting of VLCC, Suezmax and Suezmax OBO carriers.

<span class="mw-page-title-main">John Fredriksen</span> Norwegian-Cypriot oil magnate

John Fredriksen is a Norwegian-born Cypriot oil tanker and shipping billionaire businessman based in London. He owns the world's largest oil tanker fleet and has major interests in the offshore driller Seadrill, the fish farming company Mowi, the dry bulk company Golden Ocean Group, and the supply vessel company Deep Sea Supply. Through his investment companies Hemen Holdings and Meisha, Fredriksen controls the companies Frontline and Golar LNG. In 2010–2011, Frontline owned 9.6 percent of another large tanker company, Overseas Shipholding Group. North Atlantic Drilling, Sevan Drilling, and Asia Offshore Drilling are partly owned by Seadrill.

<span class="mw-page-title-main">Trond Giske</span> Norwegian politician

Trond Giske is a Norwegian former politician who served as deputy leader of the Labour Party from 2015 until his resignation in 2018 as a result of the so-called Giske affair. He announced his permanent withdrawal from politics in 2020 following accusations of widespread sexual harassment and sexual assault against multiple women.

Ceres Hellenic Enterprises is a large traditional Greek ship management company based in London. It was founded by George Livanos in 1949, but family shipping interests in fact date back to 1824. It is currently run by Peter G. Livanos.

Regent's University London is a private university located in London, England. It is part of Galileo Global Education, Europe’s largest higher education provider.

Stolt-Nielsen Limited (SNL) provides transportation and storage for liquids, notably specialty and bulk liquid chemicals. It also has an aquaculture division that grows turbot and other fish and fish products.

<span class="mw-page-title-main">Seadrill</span>

Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments. It provides a contract-based service and primarily serves the oil super-majors, integrated oil and gas, state-owned national oil, and independent oil and gas companies.

<span class="mw-page-title-main">CPC Corporation</span> Taiwans state-owned petrochemicals enterprise

CPC Corporation is a state-owned petroleum, natural gas, and gasoline company in Taiwan and is the core of the Taiwanese petrochemicals industry.

<span class="mw-page-title-main">LNG carrier</span> Tank ship transporting liquefied natural gas

An LNG carrier is a tank ship designed for transporting liquefied natural gas (LNG).

Q-Max Ship for carrying liquefied natural gas

Q-Max is a type of ship, specifically a membrane type LNG carrier. In the name Q-Max, "Q" stands for Qatar and "Max" for the maximum size of ship able to dock at the Liquefied natural gas (LNG) terminals in Qatar. Ships of this type are the largest LNG carriers in the world.

Tor Olav Trøim is a Norwegian businessman and engineer. He used to hold a number of executive and board positions in John Fredriksen-controlled companies, and was often described as his right hand. Trøim graduated as MSc Naval Architect from the University of Trondheim, Norway in 1985. Trøim is a Norwegian citizen and is resident in the UK. His career includes Portfolio Manager Equity in Storebrand ASA, and CEO for the Norwegian Oil Company DNO AS (1992–1995).

Golar Spirit is a floating storage and regasification unit (FSRU). It is the world's first FSRU converted from a liquefied natural gas (LNG) carrier.

Knutsen OAS Shipping is a privately owned shipping company located in Haugesund, Norway. The company has a fleet of purpose-built shuttle tankers, chemical carriers and product tankers internationally. The fleet consists of 41 shuttle tankers, chemical carriers and product tankers. In 2009 the company had an onshore staff of 64 to handle projects and operation of the fleet, 430 administrative employees offshore and about 800 foreign employees.

<span class="mw-page-title-main">Cyprus–Norway relations</span> Bilateral relations between Cyprus and Norway

Cyprus–Norway relations are foreign relations between Cyprus and Norway. Diplomatic relations were established on 22 March 1963. The government in Cyprus considers that the "bilateral relations between Cyprus and Norway are excellent in all fields". Neither country has resident ambassadors.

<span class="mw-page-title-main">Bonny Gas Transport</span>

Bonny Gas Transport is a subsidiary of Nigeria LNG or NLNG which itself is an incorporated joint-venture of Nigerian National Petroleum Corporation (NNPC), Shell Gas B.V., TotalEnergies Gaz & Electricite Holdings and Eni International N.A. N. V. S.àr.l. It owns and operates a number of LNG tankers.

Cecilie Alexandra Pontine Paus is a London-based Norwegian designer and shipping heiress. A member of the billionaire Wilhelmsen family on her mother's side, she is one of the owners of Wilh. Wilhelmsen, one of the world's largest shipping companies. As a designer she is known for designing handbags sold under her label House of Paus, and was described by Vogue in the early 2000s as the "hottest new name in handbags". She is the founder of the beauty brand Dr.Lipp.

Yamal LNG is a joint venture based around a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula, northwest Siberia, Russia. In addition to the LNG plant, the project includes production at the Yuzhno-Tambeyskoye gas field, and the transport infrastructure, including the Sabetta seaport and airport.

<span class="mw-page-title-main">Sabetta</span> Place in Yamalo-Nenets Autonomous Okrug, Russia

Sabetta is the location of a port and liquified natural gas (LNG) plant—Yamal LNG—on the Yamal Peninsula, in the north of Russia along the Northern Sea Route.

Teekay is a Canadian shipping corporation which specialises in shipping crude oil.

References

  1. "BoD - NORWEGIAN PROPERTY". www.norwegianproperty.no. Retrieved 14 March 2018.
  2. "Kathrine Fredriksen ut av Seadrill-styret". e24.no. Retrieved 14 March 2018.
  3. "Kathrine Fredriksen resigns from Golar LNG Partners BoD". lngworldnews.com. 22 September 2014. Retrieved 14 March 2018.
  4. "Frontline Ltd. - Pressemeldinger". www.frontline.bm. Retrieved 14 March 2018.
  5. "Vil ha Fredriksen-datter inn i styret". dn.no. 15 April 2009. Retrieved 14 March 2018.
  6. "John Fredriksen". forbes.com. Retrieved 14 March 2018.
  7. Stenerud, David. "Siste farvel med mor". na24.no. Retrieved 14 March 2018.
  8. "Fredriksen gir 50 mill. Til Radiumhospitalet".
  9. "Riking-barn vraker Norge". aftenbladet.no. Retrieved 14 March 2018.
  10. "10 single billionaires". tatler.com. 24 June 2014. Retrieved 14 March 2018.
  11. "Choppy waters for shipping magnate". independent.co.uk. 4 June 2011. Retrieved 14 March 2018.
  12. 1 2 Editorial, Reuters. "Company Search Results". U.S. Retrieved 14 March 2018.{{cite web}}: |first= has generic name (help)
  13. "E24.no: Norges nye mektige blondine". na24.no. Archived from the original on 2 June 2009. Retrieved 14 March 2018.
  14. 1 2 3 Bekkedal, Anne Martha Gjerpe. "Pappas rike piker". nettavisen.no. Retrieved 14 March 2018.
  15. "Kathrine Fredriksen får viktig styreverv av far". vgnett.no. Retrieved 14 March 2018.
  16. "Sunday Times Rich List shows UK's wealthiest defy recession". BBC News Online . 28 April 2012. Retrieved 6 March 2013.
  17. "Viking Raider". forbes.com. Archived from the original on 6 January 2005. Retrieved 14 March 2018.
  18. "Luxist". Luxist. 31 May 2017. Archived from the original on 14 May 2013. Retrieved 4 June 2017.
  19. 1 2 "Seadrill.com: Board of Directors". seadrill.com. Archived from the original on 3 June 2013. Retrieved 14 March 2018.
  20. 1 2 "Quote Not Found - Wall Street Journal". quotes.wsj.com. Retrieved 14 March 2018.
  21. "Support". serpentinegallery.org. Archived from the original on 13 October 2013. Retrieved 14 March 2018.
  22. "Dellam Corporate Information Limited, England". www.dellam.com. Retrieved 14 March 2018.
  23. "UK Lifestyle Yahoo.com: David Koma London Fashion Week AW13-Collection". yahoo.com. Retrieved 14 March 2018.