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 September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Maritime Safety

Partnerships Key to Caribbean Maritime Security

Planning and execution of port and maritime safety and security in Caribbean region is all about partnerships Maritime security and safety experts are meeting in Nassau,

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

Monitoring U.S. Troops Returning from Ebola Mission

Secretary Hagel has signed an order that validated a recommendation from the Joint Chiefs of Staff to place all U.S. military service members returning from

 
 
Maritime Standards Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0833 sec (12 req/sec)