Euronav believes it can capitalise on buoyant shipping markets by locking in huge amounts of revenue before the end of the year.

The Saverys family-controlled VLCC and suezmax company now incorporates more than 100 low-carbon bulkers, chemical tankers, boxships and offshore wind ships from its takeover of the clan’s private CMB.Tech.

Euronav logs massive $495m profit as it reports bulker and boxship earnings for first time
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Chief executive Alexander Saverys told an earnings call that it is “very important” to increase the charter backlog.