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EURN Stock - Euronav NV


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Euronav NV, along with its subsidiaries, is a prominent player in the global crude oil transportation and storage sector. Specializing in the maritime logistics of crude oil, the company offers comprehensive services that encompass transportation across international waters and the provision of floating storage and offloading (FSO) solutions. This strategic focus enables Euronav to efficiently meet the demands of global energy markets while ensuring secure and reliable delivery of crude oil to destinations worldwide.

As of April 1, 2022, Euronav operates a robust fleet comprising 72 vessels, including 6 chartered-in vessels. The fleet boasts an impressive aggregate carrying capacity exceeding 18.5 million deadweight tons, comprising various vessel types such as 41 very large crude carriers (VLCCs), 2 V-plus vessels, 27 Suezmax vessels, and 2 FSO vessels. This extensive fleet infrastructure positions Euronav as a key player capable of accommodating diverse customer needs and operational requirements.

Founded in 2003 and headquartered in Antwerp, Belgium, Euronav NV leverages decades of industry expertise and a strong operational track record to navigate the complexities of the global energy landscape. The company's strategic presence in key maritime hubs facilitates efficient vessel management and logistical operations, ensuring optimal performance and adherence to stringent industry standards.

Driven by a commitment to operational excellence and sustainability, Euronav NV remains dedicated to advancing industry-leading practices in maritime transportation and storage. Through ongoing fleet optimization efforts and proactive environmental stewardship initiatives, the company seeks to enhance operational efficiency, minimize environmental impact, and deliver superior value to its global clientele.

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