Gener8 Maritime is at the center of market speculation that it has finally agreed to merge with another tanker company after months of talks with rival owners.

Gener8 is known to have carried out discussions with John Fredriksen’s Frontline, Euronav, New York neighbour International Seaways and possibly DHT Holdings during 2017.

It has also been in the sights of Idan Ofer, who purchased a shareholding in the company earlier this year and tabled