Euronav Says Crude Tanker Market is Well Positioned for Multi-Year Upcycle

Euronav NV reported its final financial results today for the full year to 31 December 2022. The large crude tanker market is well positioned to start a multi-year upcycle based on strong fundamentals and well supported tanker market specific catalysts: • Orderbooks at +25 years lows • Contracting of newbuilding constrained by high vessel prices, …

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