Euronav sells Suezmax Cap Charles

Antwerp, Belgium - 21 February 2023

Euronav NV ("EURN" or "Euronav") (NYSE: EURN & Euronext: EURN) has sold the Suezmax Cap Charles (2006 - 158,881 DWT).

This sale is part of our ongoing fleet renewal strategy and in response to new regulations such as EEXI (Energy Efficiency Existing Ship Index) which came into force earlier this year.

This transaction will generate a capital gain of USD 22.1 million.

The Cap Charles is debt free and was delivered to her new owner on 16 February 2023.

About Euronav NV
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.

Euronav's owned and operated fleet consists of 1 V-Plus vessel, 40 VLCCs (with further two under construction), 21 Suezmaxes (with a further five under construction) and 2 FSO vessels under long term contract.

Euronav NV press release