EURONAV has the intention to sale 4 SUEZMAX vessels.

In the course of February 2016, Bretta Tanker Holdings Inc., the joint venture partner of Euronav in the four joint ventures formed for the purpose of ordering and owning four Suezmax tankers, expressed their willingness to sell their share in the joint venture companies. Given the current Sale and Purchase (S&P) market volatility and in order to avoid any conflict of interest with a related party, both partners decided to start marketing the four Suezmaxes

Eugenie (2010 – 157,672 dwt), Devon (2011 – 157,642 dwt), Maria (2012 – 157,523 dwt), Captain Michael (2012 – 157,648 dwt) for a potential sale in 2016 in order to determine the fair value of each ship. Euronav holds a right of last refusal and may choose to exercise such right should the best offered price for any of the vessels be considered by Euronav as attractive.

 

 

EURONAV has the intention to sale 4 SUEZMAX vessels.

In the course of February 2016, Bretta Tanker Holdings Inc., the joint venture partner of Euronav in the four joint ventures formed for the purpose of ordering and owning four Suezmax tankers, expressed their willingness to sell their share in the joint venture companies. Given the current Sale and Purchase (S&P) market volatility and in order to avoid any conflict of interest with a related party, both partners decided to start marketing the four Suezmaxes

Eugenie (2010 – 157,672 dwt), Devon (2011 – 157,642 dwt), Maria (2012 – 157,523 dwt), Captain Michael (2012 – 157,648 dwt) for a potential sale in 2016 in order to determine the fair value of each ship. Euronav holds a right of last refusal and may choose to exercise such right should the best offered price for any of the vessels be considered by Euronav as attractive.