Fredriksen and International Seaways trade barbs ahead of annual meeting
Shipping tycoon accuses Seaways’ board of resisting representation for Seatankers Group, while Seaways says the group has refused settlements that would restrict its ability to pursue proxy fights and hostile activity
Ahead of International Seaways’ annual shareholder meeting and just over a year after its board adopted a ‘poison pill’ to block billionaire John Fredriksen from crossing an ownership threshold, tensions remain high between the company and its largest shareholder