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Euronav Taps Into Market’s Best Quarter in 10 Years

tanker

Belgian tanker shipping major Euronav has enjoyed strong tanker dynamics in the fourth quarter of 2019.

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Euronav Concludes Sale, Leaseback Deal for VLCC Trio

Euronav

Euronav entered into a sale and leaseback agreement for three very large crude carriers.

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Euronav Buys Suezmax Pair with New JV Partners

Euronav

Euronav has entered into a joint venture together with affiliates of Ridgebury Tankers and clients of Tufton Oceanic.

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Euronav Signs LSFO Deal with Malaysian Port of Linggi

Under a service agreement, Malaysia’s Linggi Port will become Euronav’s low-sulphur marine fuel supply base.

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Euronav Cuts Net Loss in Third Quarter

Euronav

The company’s net loss was at USD 22.9 million, compared to a net loss of USD 58.7 million seen a year earlier.

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Euronav Secures USD 100 Mn to Buy IMO-Compliant Fuel

Ultra large crude carrier Oceania

The company’s ULCC Oceania is storing the purchased 420,000 metric tons of compliant fuel.

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Euronav Takes USD 100 Mn Loan to Prepare for IMO 2020

Finance

The loan was taken in order to help the company prepare for IMO’s 2020 sulphur cap.

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Poor Freight Rates Hurt Euronav Earnings in Q2

Euronav

Euronav ended the second quarter of this year with a net loss, driven by a longer than expected freight rate weakness.

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Euronav Offloads Its Oldest VLCC

Euronav

Euronav has disposed of VK Eddie, a 2005-built very large crude carrier (VLCC).

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Euronav Chooses Ecochlor BWTS for Seven Tankers

Euronav

Euronav selects Ecochlor ballast water management systems (BWMS) for seven of its Suezmax and VLCC vessels.

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Euronav Reports Profit in First Quarter

euronav

Euronav ended the first quarter of 2019 with a net gain of USD 19.5 million.

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Euronav Picks Current CFO for CEO Role

Euronav

The company is now in search of a new CFO

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Euronav Disposes of Its Only LR1 Tanker

tanker

Euronav NV sells Genmar Compatriot, a 2004-built LR1 tanker.

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Rodgers to Step Down as Euronav CEO in 2019

Euronav tanker

Paddy Rodgers, the CEO of Euronav, has decided to step down from his role during 2019.

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Euronav CEO: The Whole World of Bunkering Is Changing

Tanker

Rodgers: People have to understand the whole world of bunkering is changing.

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Euronav Returns to Black in Q4

Euronav tanker

Euronav reported a net profit of USD 0.1 million in the fourth quarter of 2018, tapping into the market recovery.

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Euronav Sells Suezmax Tanker for Offshore Project

Euronav

Euronav sells its Suezmax vessel to a supplier and operator of offshore floating platforms.

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Euronav – Gener8 Maritime Merger Is the Deal of the Year

Antigone

The merger between Euronav and Gener8 Maritime has won the ‘Deal of the Year 2018’ award.

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Euronav Wins Tanker Operator of the Year Award

tanker operator of the year award ceremony

Belgian tanker owner Euronav has claimed the Tanker Operator of the Year award.

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Tanker Market to Benefit from Iranian Sanctions

Euronav tanker

Euronav pointed to three caveats to a more positive outlook for the tanker market.

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Scrubbers Likely to Facilitate Sulphur Ban Non-Compliance

Tanker

Euronav doesn’t seem to be on board the scrubber team due to numerous concerns.

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