Tanker

Analysts doubt Saverys can prevent merger of Frontline and Euronav

Shipping family Saverys is against a merger of Frontline and Euronav and works to prevent it, for example by purchasing shares in the Belgian tanker operator. But analysts doubt whether the family will be able to stop the plans.
Photo: PR / CMB
Photo: PR / CMB
BY Idha Toft Valeur, Dag Holmstad

Will Belgian shipping family Saverys manage to stop the plans of merging the two tanker carriers Euronav and Frontline, which shipping magnate John Fredriksen strongly supports?

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