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Euronav Finance Tankers and Gas

Euronav says freight rate pressure to last through 2021

Increased scrapping could mitigate some of the damage for the industry, but the fundamentals will need to change for the market’s fortunes to turn, according to the company

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The company suffered losses in the fourth quarter as crude oil demand did not pick up and supply cuts continued. The onerous conditions have continued into the first quarter

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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