EuronavSells Suexmax Cap Laurent

Maritime Activity Reports, Inc.

November 30, 2015

Photo: Euronav

Photo: Euronav

Euronav NV announced the sale of its Suezmax Cap Laurent for $22.25 million. The 1998-built 146,145-dwt vessel was wholly owned by Euronav. 
The vessel was delivered to its new owner on November 26, 2015.
The capital gain on that sale of about $11.1 million will be recorded in the fourth quarter. Following the sale, the availability of the revolver under the $750 million facility was reduced by $11.5 million.
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