ANTWERP, BELGIUM: Euronav NV has sold the Suezmax Filikon (2002 – 149,989 dwt) for USD 16.3 million, a news release said.
A capital gain on the sale of approximately USD 9.3 million will be recorded in the current quarter. The vessel has been delivered to her new owners on June 4th.
Euronav considers regular fleet rejuvenation an important function of vessel management in providing quality services to our clients. The Filikon (2002 – 149,989 dwt) is the oldest conventional vessel in the Euronav fleet.
Since the start of 2020 Euronav has sold its interests in eight vessels (four Suezmax and four VLCC) with an average build date of 2005. The capital invested has been recycled into eight large tankers, four of which are VLCCs already on the water, with two modern eco-VLCC and two modern eco-Suezmax due for delivery in the years to come.
Euronav is an independent tanker company engaged in the ocean transportation and storage of crude oil. The Company is headquartered in Antwerp, Belgium, and has offices throughout Europe and Asia. Euronav is listed on Euronext Brussels and on the NYSE under the symbol EURN. Euronav employs its fleet both on the spot and period market.
VLCCs on the spot market are traded in the Tankers International pool of which Euronav is one of the major partners. Euronav’s owned and operated fleet consists of 2 V-Plus vessels, 47 VLCCs (two to be delivered), 27 Suezmaxes (of which one is in a joint venture, two vessels that are time chartered in and two vessels to be delivered) and 2 FSO vessels (both owned in 50%-50% joint venture.
Euronav NV
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4 Jun, 5:35 pm GMT+2 · Disclaimer
EBR: EURN
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