Tanker owner DHT Holdings has rejected a takeover bid by John Fredriksen’s Frontline, citing that Frontline’s proposed acquisition undervalues the company.
Tanker shipowner DHT Holdings has boosted its earnings in the first half on the back of an enlarged fleet with the addition of three VLCCs since November 2015.
Growing US-listed VLCC outfit DHT Holdings have appointed Svein Harfjeld and Trygve Munthe as co-ceos.