Euronav Picks Malaysia Port for Low Sulphur Fuel Hub

By Roslan Khasawneh KUALA LUMPUR, Nov 12 (Reuters) - Belgian tanker operator Euronav signed a service agreement on Tuesday making Malaysia's Linggi Port its supply base providing low-sulphur marine fuels and other services for ships plying East-of-Suez routes, the port operator said. "Linggi has a massive advantage, (being) right next to one of the busiest shipping lanes … [Read more...]

Top Tanker Operator Euronav Readies Fleet for IMO 2020

By Jonathan Saul LONDON, Oct 29 (Reuters) - Leading Belgian tanker operator Euronav expects to complete preparations on its fleet in coming weeks ahead of tougher rules next year limiting sulphur emissions from ocean-going vessels, a company executive said on Tuesday. Ship owners must cut emissions by reducing the sulphur content in fuel to 0.5% from 3.5% under the rules, … [Read more...]

Euronav Storing Initial Supply of IMO 2020-Compliant Fuel On Board ULCC Oceania

Belgian tanker owner Euronav says it has so far procured 420,000 metric tons of low sulphur fuel oil which is storing aboard one of its ultra large crude carriers in preparation of the IMO 2020 fuel regulations. The company made the disclosure on Thursday along with additional details about its plan to comply with the upcoming low sulphur fuel regulations. Euronav says … [Read more...]

Euronav’s Giant ‘Oceania’ Starts 12,400-Mile Trip to Fuel-Storage Zone

By Jack Wittels and Timothy Abington (Bloomberg) --The world’s biggest oil tanker has begun a 12,400-mile voyage to a fuel-storage zone in Asia, the latest movement of a vessel that’s intrigued the shipping market and fuel traders for months. More than 1,200 feet long, 16 years old, and able to hold roughly a day of France’s and Britain’s combined oil consumption, Oceania … [Read more...]