Tanker billionaire John Fredriksen boosts stake in rival shipowner Euronav
Acquisitions over the past two months take Frontline owner’s share in Euronav to 28.48%
Fredriksen continues to build a majority share in Euronav, even after cancelling merger plans with Frontline earlier this year. At the same time, he has attacked the management and board of another rival in which he has majority stake, International Seaways, ahead of tomorrow’s annual general meeting