Norwegian-Cypriot shipping magnate John Fredriksen has bought shares in tanker carrier Euronav, which could be considered the largest competitor of Fredriksen's own carrier Frontline.
Monday morning, the Belgian tanker carrier informed that CK Limited now owns 5.5 percent of the voting rights, making the Jersey-based company the tanker carriers' second largest shareholder, only surpassed by Euronav itself, the carrier confirms to ShippingWatch.
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