Euronav
Euronav is a prominent owner and operator in the maritime shipping industry, specializing in the transportation and storage of crude oil and petroleum products. The company manages a fleet of modern large tankers, with a significant portion of its revenue derived from voyage charters. Euronav is organized into two main segments: tankers and floating storage and offloading (FSO) activities. The tankers segment, which accounts for the majority of the company's income, focuses on operating crude oil tankers across international markets. Additionally, Euronav offers FSO services, enhancing its capabilities in floating production and storage. The fleet consists of high-quality vessels with an average age of just under eight years, and the company maintains flexibility in fleet management by incorporating chartered vessels. Euronav's operational efficiency is bolstered by its in-house management and skilled workforce, which includes experienced seagoing officers and shore-based staff. The company's fleet operates under various flags, including Belgian, Greek, French, Marshall Islands, and Panamese.
Top Stages
2 past transactions
Gener8 Maritime
Acquisition in 2017
Gener8 Maritime is a New York City-based provider of international seaborne crude oil transportation services. The company emerged from a merger between General Maritime Corporation and Navig8 Crude Tankers, gaining a substantial fleet comprising 46 tankers, including 21 new buildings. Its current fleet includes seven very large crude carriers (VLCCs), 11 Suezmax vessels, four Aframax vessels, two Panamax vessels, and one Handymax product carrier. With a combined carrying capacity of approximately 7.2 million deadweight tons (DWT), Gener8 Maritime is positioned as one of the largest owners of VLCC and Suezmax vessels globally. The company is set to enhance its fleet capacity to approximately 10.8 million DWT with the delivery of new vessels featuring advanced fuel-saving technology, expected to establish it among the top five non-state-owned VLCC fleets worldwide. Gener8 Maritime also benefits from a strategic commercial management relationship with the Navig8 Group, enhancing its operational capabilities in the competitive oil transportation sector.
Tanklog
Acquisition in 2005
Tanklog Ltd. is a shipping group, owns and leases marine tankers and vessels.
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