Euronav inked in loans for four suezmax newbuildings and its two joint-venture FSOs as it reported a first quarter loss in line with expectations today.
The new credit lines arrived alongside some cautious comments on the tanker market which will require more remedial action despite the scrapping of 21 VLCCs so far this year.
Kexim, BNP and Credit Agricole have combined on a $173.6m
