Shipping finance

U.S. court rejects Frontline’s last-minute bid to stop BW-DHT deal

[Reuters] – A U.S. court has rejected a last-minute effort by billionaire investor John Fredriksen’s Frontline to prevent BW Group from acquiring a major stake in rival oil tanker firm DHT Holdings, DHT said on Thursday. The New York County Supreme Court’s decision means that privately-owned BW Group, led by shipping tycoon Andreas Sohmen Pao,…