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2023-07-26 Home Front: WoT

Sanctioned Iranian Crude Oil Shipment Stuck off Texas Coast, Raising Concern among Shipping Companies

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Posted by trailing wife 2023-07-26 01:22|| E-Mail|| Front Page|| [11 views ] Top
File under: Govt of Iran

#1 Brian Gallagher, a front man for Euronav, told the AP in a statement that the company "has and always has taken all the appropriate measures and protocols to ensure we are in compliance with all regulations."
He added if the allegation the oil is Iranian is proven, "the cargo will be returned to the third party who delivered it."
Euronav trades on the New York Stock Exchange.

Posted by Chaiger Henbane8193 2023-07-26 09:35|| 2023-07-26 09:35|| Front Page Top

#2 July 11, 20221: OSLO, July 11 (Reuters) - Frontline (FRO.OL) and rival Euronav (EUAV.BR) have signed an all-stock merger deal to create a market-leading oil tanker group with 146 vessels including 68 Very Large Crude Carriers, the companies said on Monday. The firms expect the merged company to have a market capitalisation of more than $4 billion and the merger to generate synergies of at least $60 million a year...

Posted by Chaiger Henbane8193 2023-07-26 09:38|| 2023-07-26 09:38|| Front Page Top

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