Fredriksen Group
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Tankers
Euronav files for arbitration over Frontline’s decision to walk away from merger
Top management at Euronav have filed an application request for arbitration on Frontline’s decision earlier this month to step away…
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Tankers
Fredriksen lifts Euronav stake to 24.99%
John Fredriksen has spent the week amassing more Euronav shares via various investment vehicles to the point where he now…
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Tankers
Fredriksen adds to Euronav shareholding
Stock market releases show John Fredriksen is not relenting in his Euronav share build-up. The Norwegian shipping tycoon officially abandoned…
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Tankers
Euronav deploys lawyers, seeks way to resuscitate Frontline merger
Euronav has deployed lawyers, seeking to resurrect the nixed merger plans with rival Frontline. The Belgian tanker giant today revealed…
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Tankers
CMB seeks to oust Euronav board who voted in favour of Frontline merger
Compagnie Maritime Belge (CMB), the shipping line run by the Saverys family, has sent tanker firm Euronav a letter requesting…
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Tankers
Fredriksen spends another $70m beefing up his position at Euronav
John Fredriksen continues to toy with Euronav. The Norwegian shipping magnate has been pursuing the Belgian tanker giant for more…
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Tankers
Euronav hits out at Frontline after failed tie-up
Belgium’s Euronav is rejecting Frontline’s right to terminate a $4.2bn merger deal between the tanker giants and is contemplating options…
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Tankers
John Fredriksen walks away from Euronav merger
John Fredriksen’s pursuit of Euronav is over. The Norwegian tanker magnate’s tanker firm, Frontline, on Monday announced it will no…
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Tankers
Frontline completes move to Cyprus
John Fredriksen’s Frontline has completed the transfer of corporate domicile from Bermuda to Cyprus. Shareholders approved the move on December…
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Tankers
Euronav dismisses combination fears raised by Alex Saverys
The board at Euronav have dismissed a letter sent earlier this week from Alexander Saverys, the CEO of Compagnie Maritime…
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Tankers
Saverys calls on Euronav board to terminate combination agreement with Frontline
The Saverys family have come out arguing today that a proposed combination between tanker giants Frontline and Euronav would be…
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Tankers
Euronav merger hits the buffers with the Saverys family attaining a 25% stake
The year’s great tanker merger saga has taken a new turn. The Saverys family have purchased another 2.04m shares in…
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Tankers
Fredriksen sells Euronav shares for $39m
Shipping magnate John Fredriksen has reduced his ownership interest in Frontline merger target Euronav, having sold around 2m shares in…
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Finance and Insurance
Frontline shareholders to vote on share capital increase and domicile change
John Fredriksen’s Frontline has invited shareholders to approve a transfer of corporate domicile and to vote upon a proposal to…
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Tankers
Saverys family on the verge of stalling Fredriksen’s bid for Euronav
The Saverys family’s Compagnie Maritime Belge (CMB) has further bolstered its position in Euronav as it looks to stall Norwegian…
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Europe
SFL picks up car carrier with long-term charter attached
John Fredriksen’s SFL Corporation has struck a deal to buy a pure car truck carrier that comes attached with a…
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Tankers
Euronav and Frontline merger saga to drag on into 2023
The proposed merger between European tanker giants Euronav and John Fredriksen-led Frontline has been delayed to next year. In a…
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Finance and Insurance
Seadrill sells Paratus stake
Offshore drilling contractor Seadrill has struck a deal to sell its entire 35% shareholding in Paratus Energy Services, formerly Seadrill…
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Tankers
Navig8 joins Ofer and Fredriksen buying into International Seaways
Navig8 has become the latest big name in shipping to buy into New York-listed tanker owner International Seaways. Within hours…
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Tankers
Idan Ofer joins John Fredriksen as major investor in International Seaways
Idan Ofer is the latest big name in shipping to buy into New York-listed tanker owner International Seaways. Ofer, via…
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