Euronav has delayed the deliver of two suexmax and one VLCC newbuilding
Samsung Heavy Industries (SHI) has agreed to delay the delivery of three tanker newbuildings to Euronav until next year.
Euronav has delayed the deliver of two suexmax and one VLCC newbuilding being built at SHI from the second half of this year to the first half 2012.
The shipowner reported average spot earnings of just $22,000 a day in the second quarter for its VLCCs and $12,200 daily for suezmaxes.
Source: Seatrade Asia