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Tagged in Euronav

Euronav Orders 1 VLCC and 2 Suezmaxes

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces that it has lifted the option for one more VLCC at Qingdao Beihai (China) and ordered two Suezmaxes at Daehan Shipbuilding (South Korea). Euronav now has three VLCC’s on order at …
Dec 7, 2023 / Curious

Euronav Announces Fleet Expansion

Euronav NV (EURN or Euronav) (NYSE: EURN & Euronext: EURN) has announced an agreement to lift the option for a second VLCC new build.  In August Euronav announced the purchase of the first VLCC newbuilding and the option to purchase a …
Oct 12, 2023 / Vessels

FRO – Fully funded acquisition of 24 modern VLCCs from Euronav NV

Frontline plc (Frontline) (NYSE and OSE: FRO), today announced that as an integrated solution to the strategic and structural deadlock in Euronav NV (Euronav), Frontline has entered into agreements with Euronav to acquire a high-quality ECO fleet of …
Oct 9, 2023 / Curious

Euronav Announces Fleet Expansion

Euronav NV (Euronav) (NYSE: EURN & Euronext: EURN) announced on Wednesday (Aug16) an agreement to purchase one VLCC new build including the option for a second VLCC new build to be lifted in the coming 2 months.  The purchase will cost USD …
Aug 18, 2023 / Curious

Euronav to work with United Nations in rescue operation for stricken FSO Safer

Euronav NV (EURN or Euronav) (NYSE: EURN & Euronext: EURN) announced earlier today it has signed an agreement with the UN to sell a VLCC as part of a wider salvage operation for the FSO Safer located in Yemen. Euronav will provide a suitable …
Mar 10, 2023 / Vessels

Euronav Sells Suezmax Cap Charles

Euronav NV (EURN or Euronav) (NYSE: EURN & Euronext: EURN) has sold the Suezmax Cap Charles (2006 - 158,881 DWT).  Caption: Crude Oil Tanker Mercury (ex Cap Charles) - Image courtesy of Ahmet Ünlügil  This sale is part of our …
Feb 21, 2023 / Vessels

Euronav sells older Suezmax Cap Guillaume as part of fleet rejuvenation

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) has sold the Cap Guillaume (2006 - 158,889 dwt), generating a capital gain of USD 14.3 million.  The vessel is debt free and expected to be delivered to her new owners during the current …
Nov 10, 2022 / Vessels

Euronav contracts two new Suezmax vessels for 2024 delivery

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces today that it has entered into an agreement with Daehan Shipbuilding Co. Ltd. for two Suezmax newbuilding contracts. The vessels will be sister ships to Cedar (2022 -157,310 dwt) and …
Oct 24, 2022 / Vessels

EURONAV Sells Suezmax Cap Philippe

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) has sold the Suezmax Cap Philippe (2006 - 158,920dwt), generating a capital gain of USD 12.9 million.  The vessel is debt free and has been delivered to her new owners on Thursday 13 …
Oct 19, 2022 / Vessels

Euronav Sells ULCC Europe

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) has sold the ULCC (Ultra Large Crude Carrier) Europe (2002 – 441,561 dwt). The vessel is debt free and the sale will generate a capital gain of USD 34.7 million. The vessel will be delivered to …
Oct 17, 2022 / Vessels