Euronav gains two suezmaxes with joint venture
Chief executive Hugo De Stoop said last month the tanker market had robust fundamentals and he expected a better end to the year. Euronav seeks to take advantage of the winter spot market by deploying two more vessels
The very large crude carrier giant partners with ‘affiliates of Ridgebury Tankers’ and ‘clients of Tufton Oceanic’ to set up 50:50 joint ventures for each vessel