Euronav Posts 4Q Loss. Expects Pressure on Freight Rates to Continue in 2021

Belgium’s Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it reported weaker than expected quarterly results on Thursday, citing OPEC+ export cuts because of the COVID-19 pandemic’s impact on demand for oil.The company…

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https://www.marinelink.com/news/euronav-posts-q-loss-expects-pressure-485070

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