Euronav: Strongest first quarter in eight years

A robust start in the second quarter, says CEO Paddy Rogers of Euronav after the Belgian tanker carrier delivered the strongest first quarter result in eight years. One thing in particular keeps the order book calm.

Photo: Euronav

Belgian carrier Euronav once again delivered an improved bottom line with a first quarter result of USD 113.5 million after tax. In the same period last year, the result was USD 80.9 million for the crude oil carrier, which is one of the biggest players within VLCC vessels.

Revenue landed at USD 214 million in the first quarter of 2015, and this development looks set to continue into the second quarter, says CEO Paddy Rogers in the interim report published Wednesday:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs