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Tagged in Euronav
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
Euronav sells two eldest Suezmaxes
Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) has sold its two eldest Suezmax vessels: the Cap Pierre (2004 - 159,048 dwt) and the Cap Leon (2003 - 159,048 dwt). The combined capital gain realized on these sales amounts to USD 12.4 million. …
Jun 13, 2022 / Vessels
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
EURONAV Sells Suezmax Bari
Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announced earlier today that the Suezmax Bari (2005 – 159,186 dwt) was sold for USD 21.5 million. Caption: Crude oil tanker Leopard I (ex Bari) - Image courtesy of Rush 2112 A capital gain on …
Apr 26, 2022 / Vessels
Euronav gains USD 18 Million upon redelivery of 4 VLCCs under sale and leaseback
Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces that upon the redelivery of 4 VLCCs, which occurs at the maturity of a five-year sale and leaseback agreement, the company will book a USD 18 million capital gain on disposal of …
Jan 26, 2022 / Vessels
EURONAV successfully completes biofuel test on Suezmax
As one of the first in the oil tanker industry Euronav tested a B30 biofuel on a Suezmax, the Statia (2006- 150,205 dwt). The trial with the biofuel blend from energy supplier BP was successful. Lower carbon fuels will play an important role on the …
Oct 12, 2021 / Vessels
Euronav announces Joint Development Program for ammonia-fitted tankers and newbuildings update
Partnership to accelerate development of dual fuel ammonia-fitted tankersEuronav contracts three modern Suezmaxes with Hyundai Heavy IndustriesEuronav lifts the option to contract a third VLCC newbuildingEuronav NV (NYSE: EURN & Euronext: EURN) …
Jul 6, 2021 / Vessels
Euronav sells Suezmax Filikon
Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) has sold the Suezmax Filikon (2002 – 149,989 dwt) for USD 16.3 million. A capital gain on the sale of approximately USD 9.3 million will be recorded in the current quarter. The vessel has been …
Jun 7, 2021 / Vessels