Independent journal on economy and transport policy
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the Euronav Belgian melts joint venture with the Panamanian Bretta Tanker
Subdivided the property of four Suezmax ships
May 20, 2016
The shipowning society Belgian Euronav has announced today to have agreed with the Panamanian Bretta Tanker Holdings Inc. to place term to their joint venture for the property of four tankers Suezmax. The agreement previews that the European company has the entire property of the two Suezmax more recent construction, the Captain Michael, of 157.648 constructed gross capacities in tons in 2012, and Mary, of 157.523 tpl constructed in 2011, while to the Bretta the entire property of the Eugenias, 157.627 tpl constructed in 2010, and of Devon will go, of 157.642 tpl constructed in 2011. The understanding previews that Euronav moreover backs to Bretta the sum of 15,1 million dollars to acknowledgment of the smaller age of the two ships that will be of entire property of the Belgian company and to acknowledgment of the operating activities in course by the ships.
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