ANTWERP, BELGIUM: Euronav NV 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. Both vessels are debt free. Our understanding is that at least one of the vessels will…
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Euronav acquires two eco-Suezmax vessels under construction
ANTWERP: Euronav NV has entered into an agreement for the acquisition through resale of two eco-Suezmax newbuilding contracts. Currently completing construction at the Daehan Shipyard in South Korea, these modern vessels are being acquired for an en-bloc price of USD 113 million. Both vessels are due for delivery in January 2022. The vessels are the…