Tanker

Euronav sells 24 supertankers and closes dispute with Fredriksen

Belgian shipping family acquires John Fredriksen’s shares in Euronav and pays with 24 supertankers.
Alexander Saverys is chief executive of family-owned CMB, which is now in the process of acquiring Euronav after selling vessels to John Fredriksen. | Photo: Cmb
Alexander Saverys is chief executive of family-owned CMB, which is now in the process of acquiring Euronav after selling vessels to John Fredriksen. | Photo: Cmb
by DANIEL LOGAN BERG-MUNCH

The long-running dispute between Euronav’s two major shareholders - the Belgian Saverys family and Norwegian-Cypriot John Fredriksen - appears to have come to an end.

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