Euronav

New generation takes the reins at Exmar

One shipping dynasty that’s been much in the news this year, notably in the long-drawn battle for control of Euronav, has been Belgium’s Saverys family. Dynasties, of course, involve successions and the New Year will see a change in leadership at Antwerp-headquartered Exmar, where Carl-Antoine Saverys will become CEO on January 1, taking over from Francis Mottrie who will stay on board as COO.

Exmar, which is 81% owned by the Saverys family’s holding company SAVEREX, has a fleet of more than 40...

https://www.marinelog.com/legal/shipping/new-generation-takes-the-reins-at-exmar/

Euronav brings ammonia powered VLCCs into its fleet expansion moves

With 24 of its VLCCs being transferred to John Fredriksen’s Frontline as part of a deal that resolved a long-running merger battle, Euronav NV (NYSE: EURN) has been rebuilding its fleet with a series of newbuilding orders that began in August when it announced an agreement purchase one VLCC newbuild from an undisclosed yard at a price of $112.2 million that included an option for a second. It exercised that option on October 12, when it looks to have taken an option on a third.

Yesterday, it...

https://www.marinelog.com/legal/shipping/euronav-brings-ammonia-powered-vlccs-into-its-fleet-expansion-moves/

COLUMN | The First Three Days of Christmas 2023: ferry fiasco continues at Ferguson; CBM doubles down at Damen; MOL takes two; three Azerbaijani reporters jailed [Offshore Accounts]

On the first day of Christmas my true love gave to me… a partridge in a pear tree, according to the ancient English carol, but here at Baird Maritime, that’s the cue for a dozen topical features on the offshore industry. Lovers of yuletide traditions – and even those of you who are checking your phone […]

The post COLUMN | The First Three Days of Christmas 2023: ferry fiasco continues at Ferguson; CBM doubles down at Damen; MOL takes two; three Azerbaijani reporters jailed [Offshore Accounts]...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-the-first-three-days-of-christmas-2023-ferry-fiasco-continues-at-ferguson-cbm-doubles-down-at-damen-mol-takes-two-three-azerbaijani-reporters-jailed-offshore-accounts/

Frontline completes exit from Euronav as Belgian tanker major opens ‘new chapter’ under Alexander Saverys’ reins

Norwegian tanker major Frontline has completed the sale of its stake in Euronav cementing the […]

The post Frontline completes exit from Euronav as Belgian tanker major opens ‘new chapter’ under Alexander Saverys’ reins appeared first on Offshore Energy.

https://www.offshore-energy.biz/frontline-completes-exit-from-euronav-as-belgian-tanker-major-opens-new-chapter-under-alexander-saverys-reins/

Frontline’s exit clears path for CMB’s bold decarbonization agenda for Euronav with ammonia and hydrogen at the helm

The latest agreement between Belgian shipping major CMB and its Norwegian counterpart Frontline signals […]

The post Frontline’s exit clears path for CMB’s bold decarbonization agenda for Euronav with ammonia and hydrogen at the helm appeared first on Offshore Energy.

https://www.offshore-energy.biz/frontlines-exit-clears-path-for-cmbs-bold-decarbonization-agenda-for-euronav-with-ammonia-and-hydrogen-at-the-helm/

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