{"id":29524,"date":"2022-03-15T12:00:58","date_gmt":"2022-03-15T09:00:58","guid":{"rendered":"https:\/\/www.al-sindbad.net\/saverys-family-spends-200m-retaking-top-shareholding-position-at-euronav-from-fredriksen\/29524\/"},"modified":"2022-03-15T12:00:58","modified_gmt":"2022-03-15T09:00:58","slug":"saverys-family-spends-200m-retaking-top-shareholding-position-at-euronav-from-fredriksen","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/saverys-family-spends-200m-retaking-top-shareholding-position-at-euronav-from-fredriksen\/29524\/","title":{"rendered":"Saverys family spends $200m retaking top shareholding position at Euronav from Fredriksen"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Stick, fold or double down \u2013 the onus is now back on John Fredriksen in an intriguing shareholder tussle at  Europe\u2019s largest tanker player.<\/p>\n<p>Yesterday Euronav revealed that renewed share buying by entities belonging to the Saverys family had seen the Belgian clan up its stake in the tanker giant to 10.01%, outmuscling Fredriksen as the firm\u2019s largest shareholder.<\/p>\n<p>The Saverys family decided to start buying back into Euronav, a company they\u2019ve controlled since 1997, after John Fredriksen commenced a campaign to amass shares over the past six months. Fredriksen is known to be a long-term admirer of Euronav as well as proving to be a canny tanker investor throughout his near 60-year career<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>In related Euronav news, multiple broking reports list the Antwerp-based firm as selling four VLCCs called <em>Sandra<\/em>, <em>Sara<\/em>, <em>Simone<\/em> and <em>Sonia<\/em> to South Korea\u2019s Sinokor. The ships \u2013 all built in 2011 and 2012 \u2013 join the rapidly expanding South Korean fleet. Sinokor <span style=\"text-decoration: underline;\"><a href=\"https:\/\/splash247.com\/sinokor-bags-ridgebury-vlcc-pair\/\" target=\"_blank\" rel=\"noreferrer noopener\">recently added two Chinese-built VLCCs<\/a><\/span> too.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\">\n<span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/belgium\/\" rel=\"tag\">Belgium<\/a><\/span>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stick, fold or double down \u2013 the onus is now back on John Fredriksen in an intriguing shareholder tussle at Europe\u2019s largest tanker player. Yesterday Euronav revealed that renewed share buying by entities belonging to the Saverys family had seen the Belgian clan up its stake in the tanker giant to 10.01%, outmuscling Fredriksen as &hellip;<\/p>\n","protected":false},"author":1,"featured_media":25135,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-29524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=29524"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/25135"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=29524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=29524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=29524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}