1: John Fredriksen, Frontline, Norway — Mr Shipping does it again
As the clock counted down to the end of 2011, time was running out for John Fredriksen’s flaship company, Frontline.
Dwindling cash reserves in a tanker market living up to Tor Olav Troim’s infamous “Black Death” prophecy had one of the sector’s leading names staring down the barrel of a gun.
