Tag: Euronav

Euronav Ship Management (Hellas) Ltd. and the Panama Maritime Authority (PMA) have recently signed a Memorandum of Understanding (MOU) with the aim to open up opportunities for Panamanian seafarers on board Euronav vessels.

In the latest GREEN4SEA Virtual Forum, the importance of environmental, social, and corporate governance (ESG) was highly stressed. Mr. Konstantinos Papoutsis, Euronav’s Sustainability Manager gave a presentation to touch upon the disclosing of ESG data performance and shipping finance regulation and initiatives taken by the industry and beyond.

Two of the largest names in tanker shipping announced their merger, as Euronav and Frontline signed a term sheet that has been unanimously approved by both boards on a potential stock-for-stock combination between the two companies.

To protect whales, Euronav has teamed up with the Great Whale Conservancy (GWC), an environmental NGO dedicated to the protection of great whales and their habitat, to investigate how ship strikes can be avoided.

As one of the first in the oil tanker industry, Euronav recently tested a B30 biofuel on a Suezmax, the Statia.

Crude oil tanker company Euronav has teamed up with South Korean shipbuilding giant, Hyundai Heavy Industries (HHI), and classification societies Lloyd’s Register and DNV, in a Joint Development Program (JDP) aiming to help accelerate the development of dual-fuel Ammonia (NH3) fitted VLCC and Suezmax vessels in the next three years. 

Amid the unusual situation caused by the COVID-19 crisis, Antwerp-based shipping company Euronav held its first virtual naming ceremony for the inauguration of two new vessels.

According to the company executive of Euronav, their leading Belgian tanker operator is completing its preparations in order to follow the IMOs regulations for limiting sulphur emissions from ocean-going vessels.

As part of its preparations for the upcoming 2020 sulphur cap, Belgian shipping company Euronav announced it has purchased the equivalent of 420,000 metric ton of compliant fuel and Marine Gasoil and has hired a dedicated fuel oils specialist team to procure, thoroughly test and store new compliant fuels.

Belgian tanker shipping company, Euronav, published its second quarter and first half of 2019 results. Euronav's CEO, Hugo De Stoop, reported that they took a loan to assist the company better-prepare for the approaching IMO's 2020 sulphur cap.