Minding their knitting: International Seaways staying out of Frontlne-Euronav drama
Ripples from the discord between two European tanker giants begin to wash up on New York’s shores
finance
Fredriksen could go for Euronav ships after ditching bid, says Pareto
If John Fredriksen’s appetite is for steel and not shares, both Frontline and Euronav are stock market “buys”, believes Pareto
Key vote lined up for Seaspan parent Atlas’ $10.9bn take-private deal
Minority shareholders asked to green-light full takeover by Fairfax Financial and the Washington family
Claire Dumas becomes NIBC CFO after 22 years at ABN Amro
Experienced Dutch financier replacing Herman Dijkhuizen
Ex-CExim shipping head Li Li faces prosecution in Chinese graft probe
The former president of the Beijing branch CExim has been subject to a graft probe since early last year
Cido Shipping scores in the hot car carrier charter market
The tonnage supplier has secured $430m in revenue from chartering out four Japanese-built PCTCs
Zim among lead backers as fintech platform 40Seas lines up $111m in financing
Israel-based trade finance start-up also scores $11m in seed funding as liner operator provides $100m credit facility
Growing gap in company values may have given Fredriksen pause for thought
Clarksons Securities says Frontline’s net asset value was growing past the exchange offer ratio
Investor enthusiasm for Frontline-Euronav tie has been fraying for some time
‘I couldn’t imagine a better result’ was the take from one researcher and investor following John Fredriksen’s pullout
Vroon boss Marks steps down as $330m offshore fleet put on sales block
Banks set to take control of Dutch owner