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
Tankers
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
Euronav ‘reserves all rights’ after ‘unilateral’ decision by Frontline to dump tie-up
Belgian owner examining letter terminating the agreement to form the world’s biggest tanker company
Easterly Asset Management emerges as buyer of Cido tanker quartet
Fund manager turned shipowner looks to have picked up more assets from South Korean shipowner
Frontline scuttles Euronav merger efforts, dashing hopes to create tanker behemoth
John Fredriksen-backed tanker owner began its merger push last summer in an effort to build the world’s largest tanker owner
Robert Bugbee: Investors ‘wrong’ to correlate VLCC weakness with product tanker outlook
Rates strength has continued, Scorpio president stresses, with some proof coming later this week
VLCCs need help from Opec+ as ‘golden age’ looms for tankers, broker says
BRS Group says the struggling ships will need the bloc to boost production later in the year to pull up rates
Kirby distribution and services exit held up thanks to ‘macroeconomic headwinds’
Houston barge operator began exploring spinning off or selling its distribution and services business last year