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
Tankers
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
Release deal sought as judge sets oil ‘theft’ trial for VLCC crew
Shipping bodies have called on Nigeria to release of the 26-strong crew and the Ray Car Carriers-owned tanker
VLCCs change hands at a quicker pace as oil storage heats up
Falling freight rates do little to dampen sale-and-purchase activity in the tanker market
‘Amicable’ solution to merger impasse was not found, Frontline boss Barstad says
Effectiveness of running two companies in parallel came under question
Where will John Fredriksen’s gaze turn next after latest tanker consolidation miss?
Shipping tycoon can now add Euronav to list of failed deals including DHT and Gener8
Euronav’s De Stoop bats away leadership talk after Frontline axes merger
Largest Euronav shareholder had opposed the merger deal with Frontline
Fearnley Securities tips big share boost for Frontline but Euronav drops 19%
Analyst sees upside for Fredriksen company after massive combination deal is torn up
DHT Holdings sees VLCC spot bookings hit $70,000 in 2023
Update by New York-listed owner follows torrid week for the sector with rates down sharply