Tanker giants Euronav and Frontline have continued to clear out older tonnage with disposals in the suezmax segment. John Fredriksen’s New York- and Oslo-listed firm has confirmed the sale of the 2010-built 157,000 dwt Front Loki, netting $46.9m from the deal with some brokers speculating Norwegian...
https://splash247.com/euronav-and-frontline-offload-ageing-suezmaxes/
Hong Kong-based shipmanager Anglo-Eastern has sealed a deal to buy Euronav’s shipmanagement arm in Greece. The deal for Euronav Ship Management Hellas will also see the duo join forces, with Anglo-Eastern assuming shipmanagement responsibilities for the tankers currently under Euronav’s management....
https://splash247.com/anglo-eastern-to-take-over-euronavs-greek-shipmanagement-arm/
An American investor in Euronav has returned to Belgium with another lawsuit in a bid to overturn deals struck between the European tanker giant’s shareholders last year. The New York-based FourWorld Capital Management has filed a claim with Antwerp Enterprise Court seeking to declare null and void...
https://splash247.com/american-investor-takes-aim-at-euronav-again-with-new-legal-action/
An overwhelming majority of shareholders in Euronav have voted in favour of the acquisition of the Saverys family-controlled Compagnie Maritime Belge (CMB)’s cleantech division, CMB.TECH. More than 99% of the shareholders backed the $1.15bn cash deal that will see the Antwerp-based dual-listed...
https://splash247.com/euronav-shareholders-overwhelmingly-back-cmb-tech-deal/
Επιταχύνει το ταξίδι της ναυτιλιακής βιομηχανίας προς τις μηδενικές εκπομπές ρύπων
Belgian tanker giant Euronav has returned to Qingdao Beihai Shipbuilding for more VLCC newbuilds. The Saverys family-controlled company has signed for one 319,000 dwt ammonia-ready unit at the CSSC yard for delivery in April 2027, according to Clarksons. The deal that lifts Euronav’s VLCC orderbook...
Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen […]
The post Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships appeared first on Offshore Energy.
The Saverys family is continuing with the reshaping of Euronav (NYSE:EURN) following the deal that saw 24 of the company’s VLCCs being transferred to John Fredriksen’s Frontline, resolving a long-running merger battle, Euronav, whose controlling shareholder is now the Saverys family controlled CMB NV, on Friday, reached an agreement to acquire CMB’s clean tech division, CMB.TECH NV, for $1.15 billion in cash. The purchase price will be financed from the cash proceeds of the sale of the 24...
https://www.marinelog.com/news/euronav-set-to-acquire-cmb-tech/
Antwerp-based shipping company Euronav and controlling shareholder CMB have entered into a share purchase agreement for the acquisition of 100 per cent of the shares in CMB.Tech for a purchase price of US$1.15 billion in cash. CMB.Tech builds, owns, operates, and designs large marine and industrial...
Belgian tanker shipping company Euronav NV and its controlling shareholder CMB NV have entered […]
The post Euronav to acquire CMB.TECH for $1.25 billion appeared first on Offshore Energy.
https://www.offshore-energy.biz/euronav-to-acquire-cmb-tech-for-1-25-billion/