John Fredriksen suspends CEO charged with corruption

Jo Lunder, CEO of Fredriksen Group and head of shipowner John Fredriksen's billion dollar investments in shipping and oil, was arrested in Oslo Airport charged with corruption. He has now been suspended from his duties at Fredriksen Group.

Jo Lunder, CEO of Fredriksen Group, photographed on a previous occassion. | Photo: Sara Johannessen/Scanpix

BY JOHANNES HARTKOPF-MIKKELSEN

Jo Lunder, who took over as CEO of shipping conglomerate Fredriksen Group just a few months ago, was apprehended and arrested in Oslo Airport when he arrived on the last plane Wednesday night.

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John Fredriksen suspends CEO charged with corruption

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs