CMA names two Commodores for 2023
CMA Shipping is set to take place March 21-24 at the Hilton Stamford in Stamford, Conn., and once again a highlight of the event will be the Commodore Award presentation at the
Search Results for: "John Fredriksen"
Euronav seeks arbitration on Frontline merger walk away
The drama following the collapse of the planned tanker mega merger of Euronav and John Fredriksen’s Frontline continues. On Monday, the Saverys family demanded that Euronav call a special general meeting with
Saverys seek to boot Euronav board
The dust surrounding the failed Euronav mega merger with John Fredriksen’s Frontline shows no sign of settling. In the most recent development, CMB (Compagnie Maritime Belge) yesterday wrote Euronav’s supervisory board requesting
Fredriksen ups stake in Euronav
Within days of John Fredriksen’s Frontline plc announcing that it was pulling out of its planned tanker mega merger deal with Euronav, Fredriksen-associated Famatown Finance Ltd filed a notice with the SEC
Euronav unhappy with Frontline’s walk away from combination deal
In a statement released today, Euronav NV (NYSE: EURN & Euronext: EURN) says that, following further detailed consideration with its legal and financial advisors, it is “taking the opportunity to update its
Frontline pulls out of Euronav acquisition
The wedding is off. John Fredriksen controlled tanker giant Frontline plc is no longer to pursue the tanker mega merger with Antwerp-headquartered Euronav NV first announced back in April last year. The
Seaways adopts a poison pill defense
As the Saverys family continues to contest a merger of Euronav into Frontline, billionaire shipping investor John Fredriksen has taken a significant stake in another tanker giant, New York City headquartered International
Mega tanker merger hits Saverys family opposition
The planned merger between tanker giants Euronav and Frontline might not go quite as easily as its architects might wish. Euronav’s largest shareholder, the Saverys family’s Compagnie Maritime Belge (CMB) is opposed
Tanker giants Frontline and Euronav to merge
A tanker mega merger is in the works. Frontline Ltd, (NYSE: FRO) and Euronav (NYSE: EURN) have signed a term sheet agreeing a potential stock-for-stock combination of the two companies. Based on
Edda Wind orders three more CSOVs
Offshore wind service company Edda Wind (OSL:EWIND), Haugesund, Norway, has ordered three Commissioning Service Operation Vessels (CSOV) in addition to the six it already has under construction. On delivery of the three