Spotlight falls on Fredriksen and Saverys as the dust settles on junked merger

Eyes are swivelling to two shipping titans — John Fredriksen and Marc Saverys — to track their next moves after the collapse of the $4.2bn merger circus between Frontline and Euronav.

Small print: merger clause rules out CMB’s actions as grounds for termination

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One close observer of the action this week as Frontline abruptly pulled out of its moves on Euronav commented: “The only two people who can sort this mess out are John Fredriksen and Marc Saverys.”