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Euronav Tankers and Gas VLCC

Tanker billionaire John Fredriksen boosts stake in rival shipowner Euronav

Acquisitions over the past two months take Frontline owner’s share in Euronav to 28.48%

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Fredriksen continues to build a majority share in Euronav, even after cancelling merger plans with Frontline earlier this year. At the same time, he has attacked the management and board of another rival in which he has majority stake, International Seaways, ahead of tomorrow’s annual general meeting

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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