There are new faces on the board of tanker giant Euronav following today’s special shareholders’ meeting, including John Fredriksen and Saverys family patriarch Marc Saverys. That meeting was originally requested back on
In the latest plot twist in the ongoing drama following the collapse of the planned tanker mega merger of Euronav and Frontline, Famatown Finance Limited today announced that it intends to propose
JUNE 28, 2018 — John Fredriksen’s tanker company, Frontline Ltd. (NYSE:FRO), has entered into memorandum of agreement (MOA) to take a 20% ownership stake in exhaust gas cleaning system manufacturer Feen Marine
The Saverys family is continuing with the reshaping of Euronav (NYSE:EURN) following the deal that saw 24 of the company’s VLCCs being transferred to John Fredriksen’s Frontline, resolving a long-running merger battle,
With 24 of its VLCCs being transferred to John Fredriksen’s Frontline as part of a deal that resolved a long-running merger battle, Euronav NV (NYSE: EURN) has been rebuilding its fleet with
The Saverys family and John Fredriksen look to be nearing a resolution to their long running battle for control of the world’s largest NYSE-listed oil tanker operator, Euronav NV (NYSE: EURN). Both
In another sign of strength in the offshore drilling market, John Fredriksen associated SFL Corporation Ltd. (NYSE: SFL) reported today that it has signed a drilling contract in Canada with a subsidiary
Just one day ahead of the company’s May 17 annual meeting, the Supervisory Board of Euronav NV (NYSE: EURN) has announced the departure of its CEO Hugo De Stoop with “immediate effect
Haugesund, Norway, headquartered Edda Wind ASA has agreed for contracts four newbuild commissioning service vessels) with Fincantieri’s Norwegian-based subsidiary Vard. The price is EUR 63 million (about $67 million) per ship, exclusive
For those who like ongoing sagas, the Euronav drama continues to deliver. Today, John Fredriksen’s Frontline plc (NYSE: FRO – OSE: FRO) reported that emergency arbitration claims filed by Euronav on January
