Magnus Vaaler
Director of Finance/CFO at BORR DRILLING LIMITED
Net worth: 479 644 $ as of 31/03/2024
Profile
Mr. Magnus Vaaler is a Chief Financial Officer at Borr Drilling Ltd.
and a Vice President-Finance at Frontline Management AS.
He is on the Board of Directors at Borr Midgard Assets Ltd.
Mr. Vaaler was previously employed as a Treasurer & Vice President-Finance by Frontline Plc, a Vice President-Finance by Independent Tankers Corp.
Ltd., a Principal by Knightsbridge Shipping Ltd., and a Vice President-Finance by Offshore Merchant Partners AS.
He received his undergraduate degree from the University College Dublin.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
BORR DRILLING LIMITED
0.03% | 22/03/2024 | 75,000 ( 0.03% ) | 479 644 $ | 31/03/2024 |
Magnus Vaaler active positions
| Companies | Position | Start |
|---|---|---|
| BORR DRILLING LIMITED | Director of Finance/CFO | 28/12/2020 |
Frontline Management AS
 Frontline Management AS Miscellaneous Commercial ServicesCommercial Services Part of Frontline Plc, Frontline Management AS is a world leader in the international seaborne transportation of crude oil. The private company is based in Norway, Sweden. In 1996, Hemen Holding Limited, a Swedish company indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family, became the majority shareholder in the company. The company traces its origins to Frontline AB, which was founded in 1985 and listed on the Stockholm Stock Exchange from 1989 to 1997. | Corporate Officer/Principal | - |
Borr Midgard Assets Ltd.
 Borr Midgard Assets Ltd. Integrated OilEnergy Minerals Part of Borr Drilling Ltd., Borr Midgard Assets Ltd. explores oil and gas. The private company is based in Hamilton, Bermuda. | Director/Board Member | - |
Former positions of Magnus Vaaler
| Companies | Position | End |
|---|---|---|
| FRONTLINE PLC | Treasurer | - |
Offshore Merchant Partners AS
 Offshore Merchant Partners AS Investment ManagersFinance Offshore Merchant Partners AS operates as a holding company that targets global oil and gas related offshore asset markets. It complements the existing service providers, primarily specialized investment entities, brokerage, and advisory boutiques. The firm is an investor, commercial- and alternative asset manager that is structured as a portfolio company of HitecVision L.P. VI. The company was founded in 2013 and is headquartered in Oslo, Norway. | Director of Finance/CFO | - |
Knightsbridge Shipping Ltd.
 Knightsbridge Shipping Ltd. Marine ShippingTransportation Knightsbridge Shipping Ltd. operates as an international shipping company specializing in the transportation of dry bulk cargo. The company through its subsidiaries owns and operates a fleet of Capesize dry bulk carriers. Its vessels include Belgravia, Battersea, Golden Future and Golden Zhejiang. The company was founded on September 18, 1996 and is headquartered in Hamilton, Bermuda. | Corporate Officer/Principal | - |
| INDEPENDENT TANKERS CORPORATION LIMITED | Investor Relations Contact | - |
Training of Magnus Vaaler
| University College Dublin | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| FRONTLINE PLC | Transportation |
| BORR DRILLING LIMITED | Industrial Services |
| Private companies | 5 |
|---|---|
Knightsbridge Shipping Ltd.
Knightsbridge Shipping Ltd. Marine ShippingTransportation Knightsbridge Shipping Ltd. operates as an international shipping company specializing in the transportation of dry bulk cargo. The company through its subsidiaries owns and operates a fleet of Capesize dry bulk carriers. Its vessels include Belgravia, Battersea, Golden Future and Golden Zhejiang. The company was founded on September 18, 1996 and is headquartered in Hamilton, Bermuda. | Transportation |
Independent Tankers Corp. Ltd.
 Independent Tankers Corp. Ltd. Marine ShippingTransportation Independent Tankers Corp. Ltd. is a holding company, which engages in the ownership and operation of crude oil tankers on long term bareboat contracts. It owns and leases crude carriers and Suezmax tankers. The company was founded on January 18, 2008 and is headquartered in Hamilton, Bermuda. | Transportation |
Frontline Management AS
Frontline Management AS Miscellaneous Commercial ServicesCommercial Services Part of Frontline Plc, Frontline Management AS is a world leader in the international seaborne transportation of crude oil. The private company is based in Norway, Sweden. In 1996, Hemen Holding Limited, a Swedish company indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family, became the majority shareholder in the company. The company traces its origins to Frontline AB, which was founded in 1985 and listed on the Stockholm Stock Exchange from 1989 to 1997. | Commercial Services |
Offshore Merchant Partners AS
Offshore Merchant Partners AS Investment ManagersFinance Offshore Merchant Partners AS operates as a holding company that targets global oil and gas related offshore asset markets. It complements the existing service providers, primarily specialized investment entities, brokerage, and advisory boutiques. The firm is an investor, commercial- and alternative asset manager that is structured as a portfolio company of HitecVision L.P. VI. The company was founded in 2013 and is headquartered in Oslo, Norway. | Finance |
Borr Midgard Assets Ltd.
Borr Midgard Assets Ltd. Integrated OilEnergy Minerals Part of Borr Drilling Ltd., Borr Midgard Assets Ltd. explores oil and gas. The private company is based in Hamilton, Bermuda. | Energy Minerals |
- Stock Market
- Insiders
- Magnus Vaaler
