Compas Euronav !link!
In early 2023, Euronav was the subject of a bidding war between:
Euronav is no longer just a tanker company; it has officially transitioned into CMB.TECH, a future-proof, diversified maritime group. This shift marks a major milestone in the company’s history, moving away from being a pure-play crude oil carrier toward a leader in sustainable shipping technology. compas euronav
The maritime industry witnessed a pivotal shift in late 2023 with the successful takeover of , one of the world’s largest independent tanker companies, by the Saverys family via their shipping holding, CMB (Compagnie Maritime Belge). In early 2023, Euronav was the subject of
It is the same as the tanker owner Euronav NV (the Belgian shipping giant). Instead, it’s a software product named “Euronav” likely because it was originally tailored for or heavily used by Euronav’s fleet management needs. Over time, it has been sold to other shipping companies. It is the same as the tanker owner
CMB successfully blocked the Frontline merger, arguing that the all-stock offer undervalued Euronav and lacked strategic vision regarding decarbonization. CMB subsequently acquired a controlling stake (over 50%) and launched a squeeze-out procedure to delist Euronav.