25 Inspirational John fredriksen Quotes

25 Inspirational John fredriksen Quotes

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John Fredriksen is a Norwegian-born oil tanker and shipping magnate, who owns the world’s largest oil tanker fleet. He also has major interests in the offshore driller Seadrill, fish farming company Mowi. In 2012, he was included in the 50 Most Influential list of Bloomberg Markets Magazine. He was named in the top 10 most influential people in the shipping industry according to Lloyds List 2014.

Inspirational quotes from John Frederiksen:

 

  1. “When the market goes to hell, it’s more of an opportunity than a problem.” John fredriksen

 

  1. “I’ve been in tankers for 50 years, and I like it. For me, it’s still fun.” John fredriksen

 

  1. “If there is a good deal, we will do it right now. What might take a public company a year to make a decision about, we can decide on in an hour; I once bought a drilling rig for close to $650 million having discussed it for three minutes over lunch.” John fredriksen

 

  1. “When the market goes to hell, it’s more of an opportunity than a problem.” John fredriksen



  1. “It will be nice to finally transfer more responsibility and even more ownership to others. I’m looking for people who can take over.” John fredriksen

 

  1. “It is our common experience as human beings that the results of social forces seem to admit only of ‘probabilistic’ predictions.” John fredriksen

 

  1. “When you are risking your own money, you look at things differently.” John fredriksen

 

  1. “If you want to go public, you really need to conduct your business like a private company so you avoid unnecessary risk-taking.” John fredriksen

 

  1. “My daughters should not have to live with the work every day I have had.” John fredriksen




  1. “I want to continue shipping business privately, own and operate a few ships alongside all the listed companies. For me, this would be to go back to my roots in a way.” John fredriksen

 

  1. Shipping hadn’t been this bad since Europe was gripped by the Black Death.” John fredriksen

 

  1. “Being able to make quick decisions is very important to success in this business.” John fredriksen

 

  1. “I think there are very few people doing it right these days. I always really admired Sammy Offer.” John fredriksen

 

  1. “In general, the ones who are doing it right are private owners such as John Angelicoussis, and organizations like AP Moller, who own the ships and represent themselves. These are the best operators today.” John fredriksen




  1. “There must be people who are smarter than me, who think long-term and can take this longer.” John fredriksen

 

  1. “I have to see this through and also a few other situations.” John fredriksen

 

  1. “I will stay in the day-to-day business of shipping for another three to five years at least.” John fredriksen

 

  1. “Retirement is not an option for me, at least for the next three to five years.” John fredriksen

 

  1. “I’m looking to invest more than two billion [dollars] in acquisitions.” John fredriksen




  1. “We believe the market will offer good opportunities in the future, and our strategy is to continue expanding the fleet.” John fredriksen

 

  1. “The tanker market is depressed, so his quest to make Frontline even bigger seems odd.” John fredriksen

 

  1. “My choice is either to continue to work and develop the companies, or sell out.” John fredriksen

 

  1. “The latter really isn’t an option. The alternative of having money in the bank at low interest rates isn’t very exciting. So I keep working and plan on leaving it to the next generation. Kathrine and Cecilie work in the group and have seats on the boards of the companies.” John fredriksen

 

  1. “There is never a boring moment around Tor Olav or Pappa.” John fredriksen




  1. “It’s smart to sit with some cash when the markets fall and it’s possible to make some purchases again.” John fredriksen

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