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

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)

Related News

Bulk Carrier Aground in Philadelphia US Port Strike Averted Navig8 Announces 80% Acquisition by ADNOC CJC appoints Law, Jackson as new directors Chinese Shipping Company, Shipbuilders Designated "Military Companies" by U.S.