Euronav declares that it has acquired the ULCC Seaways Laura Lynn from Oceania Tanker Corporation, a subsidiary of International Seaways. Euronav renamed the ULCC as Oceania and registered it below the Belgian flag. Euronav Tankers purchased the Seaways Laura Lynn (2003 – 441,561 dwt) from International Seaways for 32.5 million USD. The Laura Lynn is the one different ULCC within the international tanker fleet – Euronav owns the opposite one, the TI Europe (2002 – 442,470 dwt). Paddy Rodgers, CEO of Euronav, mentioned: “Bringing the one different ULCC on the planet fleet below our management will present us with a major strategic alternative.”
Seaways Laura Lynn is a crude oil tanker in-built 2003 by DSME in South Korea. The tanker was previously referred to as Seaways L, TI Oceania, It’s gross tonnage is 234,006 tons.
Euronav is an unbiased tanker firm engaged within the ocean transportation and storage of crude oil. The Company is headquartered in Antwerp, Belgium, and has workplaces all through Europe and Asia. The group employs its fleet each on the spot and interval market. Euronav’s owned and operated fleet consists of 53 double hulled vessels being 1 V-Plus vessel, 28 VLCCs, 19 Suezmaxes, three Suezmaxes below building and two FSO vessels (each owned in 50%-50% three way partnership). The Company’s vessels primarily fly Belgian, Greek, French and Marshall Island flags. (Source: Euronav – Image: Shiplpvers)
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