Euronav: Environmental regulations will remove tankers from the fleet
2017 could be a challenge to the tanker vessels transporting crude oil. But on the short and medium term, Euronav's CEO projects that a steadily increasing oil consumption across the globe combined with the new environmental requirements will make supertankers a sound business.
One of the world's biggest crude oil carriers, Belgium's Euronav, maintains that the market for the major tanker vessels will be a good business - perhaps not so much in 2017, but at least in the longer term.
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