Euronav to acquire ships from struggling OSG
Maersk Tankers' 15 VLCC's are not enough for Belgian Euronav, as the carrier now forms a new joint venture to acquire ships from American OSG, which has filed for Chapter 11 bankruptcy protection.
BY KATRINE GRØNVALD RAUN
Belgian Euronav is far from done expanding its fleet, and the carrier now targets ships in American tank carrier Overseas Shipholding Group (OSG), which is under Chapter 11 bankruptcy protection in the United States.
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