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RSS FeedsEuronav sells VLCC Flandre for USD 45 million for offshore project
(WorldNews Belgium)

 
 

5 december 2017 12:29:06

 
Euronav sells VLCC Flandre for USD 45 million for offshore project
(WorldNews Belgium)
 


PRESS RELEASE Regulated information Tuesday 5 December 2017 - 8 a.m. CET EURONAV SELLS VLCC FLANDRE FOR USD 45 MILLION FOR OFFSHORE PROJECT ANTWERP, Belgium, 5 December 2017 - Euronav NV (NYSE: EURN & Euronext: EURN) ("Euronav" or the "Company") is pleased to announce that the Company has sold the VLCC Flandre (2004 - 305,688 dwt) for USD 45 million to a global supplier and operator of offshore floating platforms. The Flandre is wholly owned by Euronav and following the recent sale of the Artois (2001 - 298,330 dwt) is the oldest vessel in the Company`s VLCC fleet. A capital gain of approximately USD 20.3 million on the sale will be recorded in the current quarter....


 
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