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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