14/01/2014at 14:51

Euronav raises first USD 50 million for Maersk acquisition

Belgian Euronav has now issued shares and raised the first USD 50 million for the purchase Maersk Tankers' VLCC's. The carrier now needs to find USD 300 million.

BY KATRINE GRØNVALD RAUN

The first round of the share sale to secure financing for the acquisition of Maersk Tankers' VLCC's was a success for Belgian Euronav, says the carrier, which raised USD 50 million on January 10th by issuing 5,473,571 new shares.

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Euronav buys VLCC fleet from Maersk Tankers

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