Frontline pulls plug on intended merger with Euronav (update)

January 11, 2023

The Anne, one of Euronav’s ships. The tanker will not be part of the merger between Frontline and Euronav as the Norwegian company has called off the merger with its Belgian sector counterpart /Euronav

The intended merger between the Norwegian oil tanker shipping company under Cypriot flag, Frontline, and the Belgian sector peer Euronav is definitely off. Frontline pulls the plug, and the company does not give an official reason for abandoning. In reaction to the news that came like a bolt from the blue, Euronav management says that

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