Euronav (CMBT) has released an update.
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Euronav NV has announced the sale of two Suezmax vessels to CMB NV subsidiary, leading to a capital gain of 61.38 million USD, as part of its fleet rejuvenation strategy. The company, which will soon rebrand as CMB.TECH but retain its crude oil tanker division under the Euronav name, emphasizes its diversified maritime group’s focus on future-proof hydrogen and ammonia applications. The vessels’ transfer to the new owner is scheduled for September 26, 2024.
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