Hugo de Stoop is torn between two choices for new ships

Tanker shipowners are currently refraining from ordering new ships. Uncertainty about new technology in particular factors in, says Euronav CEO Hugo de Stoop, who is himself facing two choices.

Photo: PR / Euronav

Even though tanker shipowners are currently refraining from ordering new ships, there will likely be placed orders at the yards in the coming years, projects Euronav CEO Hugo de Stoop.

The order book looks very good right now, standing at less than 10 percent of the current fleet in VLCC as well as suezmax. And the CEO himself has yet to decide what will be the next move for Euronav.

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