Euronav sells Suezmax Cap Philippe

Antwerp, Belgium - 19 October 2022

Euronav NV (NYSE: EURN & Euronext: EURN) ("Euronav" or the "Company") has sold the Suezmax Cap Philippe (2006 - 158,920 dwt), generating a capital gain of USD 12.9 million.

The vessel is debt free and has been delivered to her new owners on Thursday 13 October.

Euronav continues to actively manage its fleet ahead of incoming regulations such as EEXI (Energy Efficiency Existing Ship Index) starting in January 2023.

About Euronav
Euronav is an independent tanker company engaged in the ocean transportation and storage of crude oil. The Company is headquartered in Antwerp, Belgium, and has offices throughout Europe and Asia.

Euronav is listed on Euronext Brussels and on the NYSE under the symbol EURN. Euronav employs its fleet both on the spot and period market. VLCCs on the spot market are traded in the Tankers International pool of which Euronav is one of the major partners.

Euronavís owned and operated fleet consists of 2 V-Plus vessels, 39 VLCCs (and three to be delivered), 23 Suezmaxes (of which two vessels are time chartered in and three vessels to be delivered) and 2 FSO vessels.

Euronav NV press release