Tanker

Fredriksen buys more International Seaways shares

Shipping tycoon John Fredriksen keeps the pedal on stock purchasing and buys additional shares in US tanker company International Seaways, filings show.
Photo: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
Photo: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
by IDHA TOFT VALEUR

Norwegian-Cypriot John Fredriksen has been busy this week. First, he bought more shares in Euronav and hit 12,01% in the Belgian tanker carrier, and the next day, he upped his shareholding in US tanker company International Seaways, filings with the US Securities and Exchange Commission (SEC) show.

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