Golden Ocean Group / Flex LNG Chairman John X. Fredriksen: "Profit vs Ethics in Sanctions Era"

Golden Ocean Group and Flex LNG Chairman John X. Fredriksen discusses navigating sanctions in 2025. “Owners are now willing to spend to save on efficient fleets, with quicker payback in volatile markets,” he shares exclusively with Maritime Cargo Chronicles.

Fredriksen highlights how higher fuel costs and regulations push investments in LNG carriers and bulk vessels. “Smart control systems and hybrids are critical for cost reduction and compliance,” he says.

For 2026, he sees AI and data analytics transforming fleet operations, but warns of cyber threats. “Balancing ethics with profit is essential in sanctions environments,” he adds.

Golden Ocean is expanding with new capesize purchases.

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