International Seaways’ registry of shareholders is getting crowded with major shipowners and operators.
The Navig8 Group has become the latest to grab a 5% stake in the New York-listed company, following in the footsteps of shipping tycoons John Fredriksen and Idan Ofer, whose 5.05% stake was revealed only on Wednesday.
The Navig8 stake is described as “for investment purposes”.
