Euronav pushes two VLCC deliveries to Q1 2017

Belgian crude tanker behemoth Euronav has made a deal with its shipbuilder to push back delivery of two VLCC vessels to the first quarter 2017. The carrier thus also defers a large payment to early next year.

by DANIEL LOGAN

Antwerp-based crude carrier Euronav, listed in New York and Brussels, postpones the delivery of two VLCC vessels originally set for delivery in October and November 2016 to now January 2017 instead, the carrier informs in a statement on Friday.

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Euronav pushes two VLCC deliveries to Q1 2017

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Euronav buys two vessels ahead of challenging quarter

Euronav's earnings drop in the first half of 2016

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs