Euronav Says VLCC Market Fundamentals Point Towards More Ship Recycling

Euronav NV yesterday reported its non-audited financial results for the fourth quarter ended 31 December 2020. Hugo De Stoop, CEO of Euronav said:“ The last quarter of 2020 and the present market conditions are amongst the most challenging in recent memory for crude tanker operators. COVID-19 restrictions continue to impact operations and more importantly the …

The post Euronav Says VLCC Market Fundamentals Point Towards More Ship Recycling first appeared on Hellenic Shipping News Worldwide.

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