Euronav Fleet Now Entirely Double Hulled

Tuesday, January 10, 2006
Euronav’s owned fleet is now entirely double hulled after its joint venture subsidiary, Front Tobago Shipping Corporation- in which Euronav holds a 30 percent share- sold the MT Front Tobago to one of the partners in the Joint Venture, Frontline Ltd. The MT Front Tobago was the only remaining single hull vessel in which Euronav owned interest. The company will realize a capital gain of $3.875 million. Euronav, which has one of the youngest fleet in the industry, is focused on quality, service and safety. It has met the IMP phase out of single hulls well ahead of the deadline of 2010.
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Maritime Safety

New Binding Law of The Sea Agreement Advanced

WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty Development The U.N.

Ocean Safety, Richard Irvin Marine Safety Merger

Ocean Safety has today announced the merger with Richard Irvin Energy Solutions Marine Safety Division and their Aberdeen branch.   This merger follows the

EU NAVFOR Consults Somali Fisherman

Sailors from Operation Atalanta Warship ITS Libeccio speak to local fishermen about European Union’s efforts to deter Somali piracy   Sailors from Operation Atalanta

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1876 sec (5 req/sec)