Oil billionaire Torben Østergaard lands record result in "challenging" year
Marked progress in Bunker Holding, logistics firm SDK Freja and the family office is the reason behind the record result booked by oil billionaire Torben Østergaard-Nielsen’s Selfinvest. Results have been accomplished in a ”challenging” year which included verdict in the Dan-Bunkering case.
Even though the so-called Dan-Bunkering case ”has taken a heavy toll in terms of resources and also financially,” the case has not hindered significant progress in oil billionaire Torben Østergaard-Nielsen’s parent company.
Belgian shipping family Saverys acquires additional shares in Euronav and now only needs a small increase of its equity position to block a full merger between the tanker operator and rivaling company Frontline.