Tanker

Negotiations could resolve deadlock between Euronav and Frontline

The protracted dispute between Frontline and Euronav could be over with a swap of ships for shares. Both Euronav and Frontline confirm that a deal is being negotiated.
A deal being brokered between Euronav's largest shareholders could resovle a long-running conflict between the two tanker companies. | Photo: euronav
A deal being brokered between Euronav's largest shareholders could resovle a long-running conflict between the two tanker companies. | Photo: euronav
by IDHA TOFT VALEUR

Rivals Frontline and Euronav are in the process of a swap deal, with Frontline taking over 24 VLCC supertankers from Euronav, according to statements from Euronav and Frontline.

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