Tag: Euronav

Euronav NV and Anglo-Eastern Univan Group have entered into a Heads of Agreement (HoA) for the sale and purchase of Euronav Ship Management Hellas (ESMH), Euronav’s ship management subsidiary.

Euronav NV has finalized an order for two bitumen, dual-fuel methanol tankers from China Merchants Jinling Shipyard, with delivery scheduled for the fourth quarter of 2026.

Euronav NV and CMB NV have announced a share purchase agreement for the acquisition of 100% of the shares in CMB.TECH NV for USD 1.150 billion.

Euronav announced that it has lifted the option for one more VLCC at Qingdao Beihai and ordered two Suezmaxes at Daehan Shipbuilding (South Korea).

The Global Maritime Forum (GMF) has identified five key action areas to improve the operational efficiency of vessels.

On the 10th of March, Euronav signed an agreement with UN to sell a Very Large Crude Carrier (VLCC) as part of a wider salvage operation for the FSO Safer vessel in Yemen.

Euronav has proposed to expand the membership of its Supervisory Board and to revise its structure, calling on shareholders to put representatives from both shareholders on the board while rejecting the broader effort to replace the current board.

Euronav filed an application request for urgent interim and conservatory measures in relation to "Frontline’s unilateral action in pursuing the termination of the combination agreement of July 10, 2022."

In a recent update to its stakeholders, Euronav determined that Frontline’s unilateral action in pursuing the termination of the combination agreement has no basis under the terms of the combination agreement between the two companies signed on July 10, 2022.

Frontline announced that it no longer pursues a combination between Frontline and Euronav, as Frontline has terminated the combination agreement it entered into with Euronav in this respect.