Tanker

Frontline buries the hatchet with Euronav: "Two titans coming together"

Frontline is now the largest tanker owner in the public domain after acquiring ships from Euronav, while the Saverys family can move ahead with its green strategy.
Frontline CEO Lars Barstad said during the investor call on Monday October 9th that the VLCC segment is very close to main shareholder John Fredriksen's heart. | Photo: Mats Finnerud
Frontline CEO Lars Barstad said during the investor call on Monday October 9th that the VLCC segment is very close to main shareholder John Fredriksen's heart. | Photo: Mats Finnerud
by IDHA TOFT VALEUR

The saga of John Fredriksen and the Saverys family going head to head is finally over with a blockbuster deal that sees Frontline buying 24 ships from Euronav.

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