Euronav shareholders approve CMB’s plans for alternative future
After a two-year battle for control of the Antwerp tanker giant, Famatown Finance, John Fredriksen’s finance vehicle, along with Frontline, his tanker firm, announced a deal with the Saverys-controlled Compagnie Maritime Belge (CMB) last month whereby 24 Euronav VLCCs will be handed over to Frontline for $2.35bn in return for Fredriksen backing away from his