First off, a contented new yr to our readers. Whether or not or not 2023 will probably be as tumultuous as final yr stays to be seen. However with black swan occasions turning into a daily factor in recent times, all bets are off.
Euronav boss Hugo de Stoop believes his firm has to maintain on transporting oil, regardless of opposition from its largest shareholder, Belgium’s Saverys household. The CEO argues that if his firm isn’t transporting oil, another person will probably be. Amid all of the rhetoric and public posturing across the query of a proper merger between tanker house owners Frontline and Euronav, a mixture of the 2 firms seems