Euronav board returns fire from critical major shareholder

The board of tanker carrier Euronav, proposed merger partner of Frontline, counters the criticism posed by major stakeholder CMB, calling for shareholders to vote against CMB’s proposal at the upcoming AGM.

Photo: PR / Euronav

The battle lines between Euronav’s Supervisory Board and the Belgian tanker carrier’s largest shareholder, the Saverys family, are drawn even more sharply ahead of the carrier’s upcoming annual general meeting.

Euronav’s board now calls directly on shareholders to vote against a proposal by the Saverys family’s shipping company, CMB, to elect three board members, all put forward by CMB.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs