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Euronav sells tanker at a profit after just 11 months of ownership

Euronav and two partners sell a tanker ship at a significant profit after owning it for just 11 months. According to Euronav, the investment produced a return of more than 50 percent.

Photo: PR / Euronav

Belgian tanker operator Euronav has sold a tanker ship less than a year after it was purchased.

In November last year, Euronav bought a ship along with partners Ridgebuury Tankers and Tufton Oceanic. And now the ship has already been sold again.

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