Euronav’s fleet rejuvenation program continues at pace. The Belgian company has sold the 20-year-old suezmax, Cap Jean, for $10.6m, the company revealed in a release without mentioning the buyer.
Euronav has recently taken two suezmax newbuilds with another two set to join the fleet soon from Hyundai Heavy Industries in South Korea. These four ships are to go on seven-year time charters to an unspecified global refinery player.