Fredriksen still thinks merger probably would have been best

However, Frontline’s main owner is happy with the swap with Euronav. ”Frontline gets the best fleet in the world,” he says.

"Frontline gets the best fleet in the world, even though the best thing might have been a full merger," John Fredriksen tells Finansavisen. | Photo: Ints Kalnins/Reuters/Ritzau Scanpix

by KIT LINDHARDT

Norwegian-Cypriot shipping magnate John Fredriksen, the main owner of tanker shipping company Frontline, has declared himself satisfied with the deal in which Frontline is buying 24 VLCC tankers from rival Euronav.

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Frontline buries the hatchet with Euronav: "Two titans coming together"
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Euronav sells 24 supertankers and closes dispute with Fredriksen
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