Ukraine ‘dislocation’ of tanker market helps Euronav narrow losses
The conflict in Ukraine has driven considerable dislocation in tanker market freight patterns, driving up tonne-mile growth, says Euronav chief Hugo De Stoop
Belgian tanker giant and aspiring market consolidator sets out a positive view of tanker market fundamentals ahead of a crucial board meeting that will likely determine the future of the company’s proposed merger with rival Frontline