In January and March 2016, Euronav (EURN) took delivery of VLCC (very large crude carrier) Alice and VLCC Alex, two of the four VLCCs it acquired as resales of existing newbuild contracts announced in ...

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are ...

Belgian tanker operator Euronav and its controlling shareholder CMB have entered into a share purchase agreement for the acquisition of 100% of the shares in cleantech maritime group CMB.TECH for ...

Euronav has suspended operations with Russian customers, the oil tanker firm said on Thursday, adding this business accounted for less than 5% of its turnover. March 31 (Reuters) - Euronav EUAV.BR has ...

In announcing the deal, the two companies said the merger will create a new market leader for the shipping of oil products around the world. The merged company will have a market capitalization of ...

Investing.com -- Euronav (NYSE:EURN) stock tumbled in Tuesday morning trading in Europe after fellow shipping group Frontline (NYSE:FRO) abandoned the all-share merger offer it had touted in July last ...

The companies had faced significant opposition to the deal from a key Euronav shareholder. Saverys Group had increased its stake in that company up to around 25% to press it to abandon its merger with ...

Tanker operator Euronav is to buy U.S. rival Gener8 Maritime to create one of the world's top oil shipping fleets, the companies said on Thursday, in an all-stock deal worth an estimated $490 million.

May 19 (Reuters) - Belgian oil tanker and storage operator Euronav EUAV.BR said on Thursday it had received "a clear signal" from shareholders in support of its proposed $4.2-billion merger with ...

OSLO (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge in an all-stock transaction valued at $4.2 billion that they said would cut costs and help in ...

Hugo De Stoop, CEO of Euronav, and Brian Gallagher, Head of IR, discuss the crude tanker shipping markets on the second public episode of Value Investor's Edge Live. The recent events in Saudi Arabia ...

Shipping is in an unprecedented market, with a bit of best of times and worst of times bifurcation. Oil tankers are in the better part of things. CEO Hugo De Stoop spoke on Value Investor's Edge Live ...