Tanker

This is why Euronav can hesitate on scrubber decision

The Euronav CEO points to the acquisition of Maersk Tankers' VLCC fleet as an example of the company's courage to purse its own path, just as is currently the case with scrubbers. He also explains what Euronav will do if its scrubber assessment is wrong.
Paddy Rodgers, CEO i Euronav. | Photo: Global Maritime Forum
Paddy Rodgers, CEO i Euronav. | Photo: Global Maritime Forum
by CHRISTIAN CARLSEN

What will Paddy Rodgers and Euronav do if it turns out that the company is wrong in its assessment that there is "virtually no visibility of a return on capital" in betting on scrubbers as the right solution to ensure compliance when the sulfur regulations come into force in 2020?

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs