Euronav CEO: Much better crude market in 2016

Euronav CEO Paddy Rodgers has so far been able to confirm his projections for a much stronger market for crude oil transport in 2016. The first quarter this year will be significantly better than the final months of 2015, which in turn were very strong, he says.

by DANIEL LOGAN

Belgian crude tanker carrier Euronav, one of the biggest and most ambitious players in the lucrative segment, left the booming tanker market in 2015 with the company's best result since 2008, and the strong market will continue in 2016 and beyond, projects CEO Paddy Rodgers.

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