In a statement released today, Euronav NV (NYSE: EURN & Euronext: EURN) says that, following further detailed consideration with its legal and financial advisors, it is “taking the opportunity to update its
The wedding is off. John Fredriksen controlled tanker giant Frontline plc is no longer to pursue the tanker mega merger with Antwerp-headquartered Euronav NV first announced back in April last year. The
A tanker mega merger is in the works. Frontline Ltd, (NYSE: FRO) and Euronav (NYSE: EURN) have signed a term sheet agreeing a potential stock-for-stock combination of the two companies. Based on
Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN & Euronext: EURN) reports that it is in a Joint Development Program (JDP) with the largest shipbuilder in the world, Hyundai Heavy Industries (HHI) and
Antwerp-headquartered tanker giant Euronav NV (NYSE: EURN) has sold the oldest conventional vessel in its fleet, the 2002-built, 149,989 dwt Suezmax Filikon, for $16.3 million. The company will record a capital gain
Euronav NV (NYSE: EURN & Euronext: EURN) reports that it has entered into an agreement with the Hyundai Samho shipyard in South Korea for two VLCC newbuilds plus an option for a
Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN) reports that it has sold the 2005-built VLCC TI Hellas for $38.1 million. A capital gain on the sale of approximately $1.6 million will be
Euronav NV (NYSE: EURN & Euronext: EURN) has entered into an agreement to acquire a fourth resale VLCC newbuilding contract. Last month the tanker giant reached an agreement to acquire three VLCCs,
Euronav NV (NYSE: EURN & Euronext: EURN) has entered into an agreement for the acquisition of three VLCC newbuilding contracts. The three VLCCs are currently completing construction at the DSME shipyard in
When the IMO 2020 global fuel sulfur cap kicks in on January 1, 2020, tanker giant Euronav NV (NYSE: EURN) should have no trouble obtaining compliant fuel. It already has 420,000 metric
