Tanker

Euronav benefits from ultra-low order book and big appetite for crude oil

While the acquisition war between Euronav’s major shareholders remains unresolved, the oil carrier finds itself in a market where crude demand is increasing month by month.
Photo: Pr / Euronav
Photo: Pr / Euronav
by TOMAS KRISTIANSEN

Euronav achieved a profit after tax in the latest quarter of USD 161.8m, a significant improvement compared to the corresponding quarter last year, which ended with a loss of USD 4.9m.

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