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home / news releases / FRO - Euronav NV: Not Backing Down On The Decarbonization Agenda

FRO - Euronav NV: Not Backing Down On The Decarbonization Agenda

Frontline Ltd.

2024-03-13 01:35:21 ET

Summary

  • Euronav's acquisition of CMB.TECH will help diversify its maritime activities and focus on clean technology and sustainable shipping.
  • The acquisition will be financed through the sale of VLCCs to Frontline, increasing Euronav's fleet numbers and aiding in decarbonization.
  • EURN's transition to CMB.TECH and focus on clean energy align with global efforts to reduce carbon emissions in the shipping industry.

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For further details see:

Euronav NV: Not Backing Down On The Decarbonization Agenda
Stock Information
Company Name: Frontline Ltd.
Stock Symbol: FRO
Market: NYSE
Website: frontline.bm
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