Marine Link
Thursday, April 18, 2024

Court Rejects Frontline's Complaint against DHT-BW Group Deal

Maritime Activity Reports, Inc.

June 7, 2017

Photo: DHT Holdings

Photo: DHT Holdings

 A court in the Marshall Islands rejected tanker operator Frontline's complaint against DHT Holdings over a rival deal with BW Group.

Frontline, controlled by shipping tycoon John Fredriksen, owns around 14.5 percent of DHT.

Frontline has been trying for the past year to take over its New York-listed rival.


(Reporting by Ahmed Farhatha; Editing by Maju Samuel)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week