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Tankers and Gas People Political and Trade

John Fredriksen fails in boardroom bid to stop International Seaways ‘poison pill’

The tanker billionaire who is the biggest shareholder of New York-listed International Seaways wanted shareholders to oppose re-election of two directors and ratify poison pill extension

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International Seaways chief executive Lois Zabrocky and Alexandra Blakenship re-elected as directors at yesterday’s annual general meeting despite Fredriksen’s calls to remove them and downsize board

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