28/01/2016at 08:49

Euronav made USD 350 million profit in 2015

Listed Belgian crude tanker behemoth Euronav delivered on expectations for a huge profit in a year in which the tanker market reached full force.

BY OLE ANDERSEN

Belgian crude tanker carrier Euronav achieved a net profit of USD 104.7 million in the fourth quarter 2015 and a full-year profit of USD 350.1 million.

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Euronav made USD 350 million profit in 2015

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Related articles:

Tanker boom pushes Euronav’s earnings up

Euronav fires back after price plunge in tanker shares

Tanker CEOs: Investors not rewarding us deservedly

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Front page now

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Fredriksen now owns nearly as many Euronav shares as the Saverys family

Blue Water founder promises future "focus on profitable growth"

EU considers capping Russian fuel prices at USD 100 a barrel

Borr Drilling raises USD 400m to pay off debt

Further reading

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

End of 2M alliance could trigger a domino effect

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