Euronav (EUAV.BR) on Thursday pointed to a recovery in freight rates, after the oil shipping and storage operator swung to a loss in a “challenging” third quarter. The tanker industry has been under pressure this year as global crude oil exports have been constrained by OPEC+ output cuts and as COVID-19 outbreaks have continued to …
The post Tanker group Euronav confident of upturn after stormy third quarter first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John