Euronav receives first 8 VLCCs from Maersk Singapore

Published

VLCC trrade lines, from EuronavOn 5 January 2014, Euronav NV announced it would acquire 15 very large crude carriers (VLCC) from Maersk Tankers Singapore Pte Ltd.

Today, Euronav said that eight of the VLCCs have been delivered in the first half of 2014.

Deliveries of the remaining VLCCs from the acquired Maersk fleet will increase the company’s fleet by another 7 VLCCs. Those deliveries are scheduled to take place in the month of July, save for one vessel (Maersk Sandra) which shall be delivered no later than 30 March 2015.

Maersk VLCCs delivered to Euronav in 1H 2014
Vessel Delivery date Built DWT
Nautilus 20 Feb 2006 307,284
Nucleus 25 Feb 2007 307,284
Navarin 9 May 2007 307,284
Sara 3 June 2011 323,182
Newton 3 June 2009 299,999
Ilma 11 June 2012 314,000
Nautic 19 June 2008 307,284
Ingrid 19 June 2012 314,000

 

 

 

 

 

 

 

Euronav is one of the world's leading independent tanker companies engaged in the ocean transportation and storage of crude oil. The company is headquartered in Antwerp, Belgium, and has offices throughout Europe and Asia.

Euronav employs its fleet in both the spot and period markets. VLCCs on the spot market are traded in the Tankers International pool of which Euronav is one of the major partners. Euronav’s owned and operated fleet consists of 46 double hulled vessels being 1 V-Plus, 2 FSO vessels (both owned in 50%-50% joint venture), 20 VLCCs of which one is in joint venture, and 23 Suezmaxes (of which four are in joint venture). Deliveries of the remaining Maersk Tanker VLCCs will increase Euronav’s tanker fleet by another 7 VLCCs.

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