John Fredriksen's twin daughters Kathrine and Cecilie have agreed to supply the National Museum of Norway with artworks worth several hundred million krone.
The collection is described as "modern, international art".
The new National Museum will borrow the works for 10 years initially and display them at Vestbanen, close to Aker Brygge. It is set to open in 2020.
In her honour
One of the rooms in the new museum will be named after John Fredriksen’s wife, Inger Katharina Astrup Fredriksen, who died in 2006. She was a dedicated art collector.
“This is the heritage from our mother,” Cecilie said.
Cecilie and Kathrine, who both live in London, have had numerous meetings with the directors of the National Museum.
They have collected art since 2007 and the agreement will give the museum access to works it would otherwise have had no chance of exhibiting.
The National Museum and the Fredriksen sisters are also developing a series of exhibitions as The Fredriksen Commissions.
In addition, the Fredriksen family will finance several large exhibitions at the museum, which will become the largest in the Nordic region.
Ship of the Week
Ship name of the week goes to the 46,000-dwt tanker Dank Silver (built 2016), operated by Oman Shipping.
This vessel hit the headlines earlier in June when it brushed a bridge in the US.
TradeWinds does not know what "dank" connotes in Oman, but there is a village of the same name there.
However, in English it is not a positive term. "Unpleasantly damp and cold" is a standard definition.
Which could describe many a seafarer's days at sea, to be fair.
