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International News

Oil Tanker Groups Frontline and Euronav Scrap $4.2 Billion Merger

January 10, 2023 Mariel Alumit

Oil tanker company Frontline said on Monday a $4.2 billion deal to merge with rival Euronav NV was terminated, a combination which would have created the world’s largest publicly listed tanker company. Frontline will not […]

4.2 BILLION DOLLAR DEAL TO CREATE TANKER GIANT
International News

$4.2 Billion Deal to Create Oil Tanker Giant

April 7, 2022 Stu Turley

Euronav, Frontline investors to hold 59% and 41% respectively Tanker market is recovering after Russia’s invasion of Ukraine Frontline Ltd. and Euronav NV are considering an all-stock merger that would produce the world’s biggest tanker fleet, just as […]

U.S. Tries to Seize Oil Shipment It Says Came From Iran - Energy News Beat
Crude Oil News

Oil Tanker Owners Drop in Wake of Shock Move By OPEC+

March 5, 2021 Stu Turley

OPEC+’s surprise move to keep a lid on crude exports is hitting oil tanker owners afresh. Shares of owners giant supertankers including Frontline Ltd., International Seaways Inc. and DHT Holdings Inc. all fell late Thursday […]

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