Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

Tagged in Euronav NV

Euronav purchases joint venture partner share of two FSO vessels

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces that it has become the full owner of the FSO platform as previously held in its 50-50 joint venture with International Seaways, Inc. (“INSW”). The two converted ULCCs, the FSO Asia and …

Jun 8, 2022 / Vessels

Euronav Rejuvenates VLCC Fleet

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) purchased two eco-VLCCs, the Chelsea (2020 – 299,995 dwt) and the Ghillie (2019 – 297,750 dwt), for USD 179 million in total in cash. They are sisters of Euronav D-class vessels (Delos, (2021 – …

Apr 29, 2022 / Vessels

International Seaways Announces Ten-Year Contract Extensions for Its Two FSO Joint Ventures

International Seaways, Inc. (NYSE: INSW), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, today announced that its two joint ventures with …

Nov 5, 2020 / Vessels

Euronav sells Suezmax Finesse

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announced earlier today that the Company has sold the Suezmax vessel M/T Finesse (2003 – 149,994 dwt) for USD 21.8 million. A capital gain on the sale of approximately USD 8.3 million will be …

Feb 25, 2020 / Vessels

Euronav Announces Acquisition of three VLCCs under construction

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces it has entered into an agreement for the acquisition through resale of three VLCC newbuilding contracts.Key highlightsVessels are the latest generation of Eco-type VLCCsAcquisition …

Feb 12, 2020 / Vessels

Euronav Announces Sale and Leaseback of three VLCCs

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces today that it has entered into a sale and leaseback agreement for three VLCC vessels with Taiping & Sinopec Financial Leasing Ltd Co. The three VLCCs are the Nautica (2008 – …

Jan 2, 2020 / Vessels