Euronav calls off Suezmax joint venture

The Belgian VLCC player has terminated a joint venture covering four Suezmax vessels with Bretta Tanker Holdings. Euronav will take over full ownership of the two youngest tanker vessels in the collaboration.

Euronav, which is listed New York and Brussels and primarily operates the major VLCC crude supertankers, has now terminated a joint venture with Bretta Tanker Holdings.

The venture between the Belgian tanker carrier and Bretta operated four Suezmax tankers, and following termination of the collaboration, Euronav will take over the two youngest tanker vessels from the venture, informs Euronav in a press release.

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

Greenland climbs high on UN list of port connectivity

Greenlandic ports have in recent years become better connected to the world than previously. This is due to a collaboration deal with Icelandic Eimskip, but according to Royal Artic Line’s CEO, ambitions go beyond that.

Further reading

Related articles

Latest news

See all jobs