Euronav NV concluded an order for two Newcastlemaxes and one additional VLCC at Qingdao Beihai Shipyard (China). The vessels are expected to be delivered in first quarter and second quarter 2027. Euronav & CMB.TECH now have five VLCCs and still twenty-four Newcastlemaxes on order at Qingdao Beihai Shipyard.

All of these will be ammonia ready/fitted. On 18 March, Euronav & CMB.TECH took delivery of the fourth super-eco Newcastlemax Mineral France (2024 ? 210,000 DWT).

This brings Euronav & CMB.TECH?s Newcastlemax fleet to four vessels on the water all trading spot in a highly supportive dry-bulk freight environment. Another 6 Newcastlemaxes are expected to be delivered during the course of 2024. These recent transactions once again demonstrate that Euronav & CMB.TECH are going full steam ahead with the ambition to grow and to become the benchmark in sustainable shipping.