Paddy Rodgers-led Euronav filed updated papers with US regulators and is making its second approach to Wall Street with VLCC rates above $50,000 per day in a seasonal sweet spot.
While no figure has been revealed for how much Euronav hopes to raise, it said in its updated prospectus that cash would be available for fleet growth.
Euronav, which has experienced US capital markets man Peter Livanos as chairman, will overtake DHT at the largest crude tanker owner listed stateside if the float is completed.
