
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
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
Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN & Euronext: EURN) reports that it is in a Joint Development Program (JDP) with the largest shipbuilder in the world, Hyundai Heavy Industries (HHI) and
Euronav NV (NYSE: EURN & Euronext: EURN) reports that it has entered into an agreement with the Hyundai Samho shipyard in South Korea for two VLCC newbuilds plus an option for a
Euronav NV (NYSE: EURN & Euronext: EURN) has entered into an agreement for the acquisition of three VLCC newbuilding contracts. The three VLCCs are currently completing construction at the DSME shipyard in