Belgium
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Dry Cargo
CMB delists as Saverys completes share buyback plan
Compagnie Maritime Belge (CMB), the Belgian bulker firm controlled by the Saverys family, was formally delisted from the Euronext Brussels…
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Europe
Euronav confirms sale of suezmax tanker
Belgium’s Euronav has confirmed the sale of its 17-year-old suezmax for $22.25m. Brokers reported the sale in mid-November, citing the…
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Europe
Euronav appoints new chairman as Livanos and Saverys step down
Antwerp-headquartered tanker giant Euronav has announced that the board has appointed Carl Steen as chairman, following the resignation of chairman…
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Europe
Saverys looks set to start squeeze-out of remaining CMB shares
The voluntary public takeover of Belgium’s CMB by Marc Saverys’ company Saverco is approaching its final stages, and the ‘squeeze-out’…
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Americas
Livanos sells 9m shares in Euronav
Peter G Livanos’ investment company Ceres Investments (Cyprus) has completed the sale of 9m shares or a 5.7% stake in…
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Europe
Saverco’s bid to take over CMB begins
The acceptance period for Saverco’s bid to take over Belgium’s CMB will begin on Thursday and run until markets close…
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Dry Cargo
Saverys plans buy-out to take CMB private
Saverco, led by its chairman Marc Saverys, plans to launch a voluntary and conditional public takeover offer for all outstanding…
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Europe
Euronav fixes $750m credit facility
Euronav has signed a new $750m senior secured amortizing revolving credit facility led by DNB Bank and Nordea Bank acting…
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Europe
Livanos sheds Euronav shares
Peter G Livanos has sold around 6m of his shares in Euronav, of which he his chairman of the board,…
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Europe
Euronav: Tanker consolidation installs market discipline
Antwerp: Paddy Rodgers, ceo of tanker giant Euronav, reckons the consolidation seen in his sector is very good for holding…
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Europe
Fredriksen and Saverys form gas giant with Flex LNG
Athens: Flex LNG is to acquire LNG vessels and other assets from Belgium’s Exmar and Fredriksen-led Geveran in a deal that will create…
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Europe
Anthony Veder orders LNG carrier for charter to Gasum
Athens: Anthony Veder has ordered an 18,000-cbm LNG carrier from Germany’s Neptun Werft shipyard. After being delivered in late 2017, the…
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Europe
Exmar secures $200m financing from ICBC
Brussels: Exmar has scored a massive financing coup in front of the Chinese president and the king of Belgium. The…
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Europe
Euronav to pay $384m for Metrostar’s four VLCCs
Athens: Euronav has confirmed it will pay Greece’s Metrostar Management $96m per vessel or $384m in total for four VLCC…
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Europe
Four VLCCs but no suezmaxes, says Euronav
Athens: Euronav has confirmed it is in “advanced discussions” to purchase four VLCCs, but has not made an offer on…
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Europe
Euronav buys 8 VLCC newbuildings from Metrostar
Athens: Euronav has purchased resale contracts for eight VLCC newbuildings from Greece’s Metrostar Management, according to shipbrokers’ reports. The ships…
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Containers
Delphis goes for panamax boxship pair
Oslo: Compagnie Maritime Belge’s (CMB) container unit Delphis has bought the Santa Regula and its twin, Santa Regina from German owner…
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Europe
Euronav: ‘Tankers in early stages of multi-year cycle of stronger freight rates’
Antwerp: Paddy Rodgers, ceo of tanker giant Euronav, is in an understandably jovial mood when Maritime CEO comes knocking. A…
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Europe
Jan De Nul orders two vessels
Brussels: Dredging giant Jan De Nul Group has ordered two 6,000 ton subsea rock installation vessels AVIC Weihai in China.…
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Europe
Exmar raises $40m for LNG infrastructure investments
Athens: Exmar Netherlands has completed a tap issue of NOK 300m ($39.6m) in bonds, which it says will be used…
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