HUGO DE STOOP

Chief executive, Euronav

The large crude tanker sector will face numerous and multiple challenges over the next decade. Firstly — and most critically — will be meeting the stringent emissions targets set by the IMO. The winners will be those meeting this challenge in a sustainable manner.

Euronav aims to comply with the proposed 40% reduction [by 2030] via a series of in-house efficiency initiatives, continuous rejuvenation of its fleet and looking out for new technologies that could abate our emissions.