Independent journal on economy and transport policy
14:01 GMT+2
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Today the fusion between the shipowning societies Euronav and Gener8
The fleet will be constituted by 74 oil tankers and two unit FSO
June 12, 2018
With the approval yesterday of the operation by the assembly of the Maritime shareholders of the Gener8 the procedures for the fusion of the American company with that Euronav Belgian have been capacities to term(on 21 December 2017). According to the forecasts, therefore, the transaction will be capacity to term today and will transform the Gener8 in a society of entire property of the Euronav.
With the Euronav fusion it will have a fleet constituted from 74 oil tankers, of which 43 VLCC, 27 Suezmax, two ULCC and two LR1 for a total ability to 19,4 million gross capacities in tons, and two unit FSO.
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