Belgian owner Euronav's bet on storing IMO 2020-compliant fuel off Malaysia is paying off, according to Clarksons Platou Securities.
The company spent $200m earlier this year buying up low-sulphur fuel oil (LSFO) and marine gasoil (MGO) for safekeeping on its 441,561-dwt Oceania (built 2003).
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The tanker arrived off Malaysia in October, according to oil analytics firm Vortexa.
