Arne Fredly has won support from 34% of fellow investors in Oslo Axcess-listed Hunter Group to acquire four VLCC newbuildings plus three options from his private Apollo Asset.

Fredly already controlled one third of the Apollo shares, which means the proxy votes give him 66.98% support for the transaction ahead of a shareholder meeting 9 May.

The market appears to have bought into Fredly’s proposal of taking the VLCCs newbuildings, to be delivered from DSME next year.