Tanker Majors Euronav, Frontline to Merge; to Control at Least 146 Ships

Global tanker majors Euronav and Frontline announced April 7 that the two companies plan to merge, which would result in the consolidation of 146 ships in the VLCCs, Suezmax and Aframax segments.

Register Now The combination will create one of the world’s largest global oil tanker operator with 69 VLCCs, 57 Suezmaxes and 20 Aframax-LR2 tankers, the two companies said in a joint statement.

View entirety: S&P Global Platts