Tanker

Euronav secures Poseidon-compliant loans and credits

Belgian tanker shipping company Euronav has for the first time financed nine tankers after the so-called Poseidon Principles. The banks behind the initiative pose requirements to shipping's carbon emissions.
Hugo de Stoop, CEO, Euronav. | Photo: PR / Euronav
Hugo de Stoop, CEO, Euronav. | Photo: PR / Euronav
by DAG HOLMSTAD

Euronav has restructured loans and credits for a new sustainable loan of USD 713 million to finance 12 of the Belgian shipping company's tankers.

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