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Euronav unveils plans for 120 low-carbon newbuildings following $1.15bn CMB.Tech takeover

Orders of tankers, bulkers and boxships will add to CMB.Techs existing orderbook of 40 ships ready for ‘future retrofit’ for ammonia propulsion

After the protracted Frontline saga, Euronav is pursuing a directional shift and rebrand as it seeks to combine with Saverys’ family CMB.Tech. Chief executive Alexander Saverys unveiled in a capital markets day plans to order more than 120 low-carbon tankers, bulkers and boxships

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