Tag: Euronav
U.S. Refining Flexibility Behind Narrowing Spread
Shipowners with scrubber-equipped tonnage are currently bemoaning.
This is due to narrow spreads between HSFO and VLSFO.
The spread was just $49.50/mt at...
The Future of Floating Storage Amid COVID-19 and Global Slump
Six-month charters being signed are primarily being done by oil industry players.
Storage deals have been inked primarily for VLCCs that hold 2...
Euronav’s Contango Opportunity, Can It Benefit from The COVID-19 Situation?
Euronav owns both the Europe and Oceania Ultra Large Crude Carriers, which it operates as floating storage.
The company also owns 39 VLCCs...
Euronav Set To Slash IMO Compliant Fuel Value!
Belgian shipowner Euronav will write down the value of the IMO-compliant 0.5pc sulphur fuel oil it bought last year after the price collapsed.
...
Euronav Acquires EcoVLCC for USD 93 Million
Euronav NV has entered into an agreement for the acquisition of VLCC.
The acquisition is possible through the resale of one VLCC newbuilding...
Euronav Takes A Dip Into the Coronavirus Scrubber Price Advantage!
Euronav breaks into the scrubber market amid COVID-19 price dip.
Purchased three very large crude carriers (VLCC) fitted with scrubbers for USD280.5 million.
...
Euronav Acquires 3 VLCCs
Euronav NV announces the agreement for acquisition through resale of three latest generation of Eco-type VLCCs.
The transaction is consistent with our core...
Euronav Seals Deal for Sale and Leaseback of Three VLCCs
Belgium’s tanker shipping company Euronav NV has entered into a sale and leaseback agreement for three very large crude carriers (VLCCs) with China-based Taiping...
Euronav Acquires Suezmax Pair With Joint Venture
Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) has entered into a joint venture together with affiliates of Ridgebury Tankers and...
Euronav Picks Malaysia’s Linggi Port as Eastern Fuel Supply Base
According to an article published in Reuters, Belgian tanker operator Euronav signed a service agreement making Malaysia’s Linggi Port its supply base providing low-sulphur...