Euronav shares fell hard on Tuesday following news Frontline was ending its merger push.

Tite Street and Crestline team up to buy third ship with big name charterer
 Read more

The John Fredriksen-controlled tanker outfit, meanwhile, rallied, as did Fredriksen-backed International Seaways.

Shares of Belgium-based Euronav cratered by more than 15%, losing $2.44 to close at $13.50