The prediction by Nicolay Dyvik of DNB comes as Euronav isexpected to kick-off the third quarter reporting season proper tomorrow with a loss.

In a note this morning Dyvik said:” We argue that Euronav could sell quality assets to avoid raising equity in early 2013, but that the tight liquidity situation in 2013 will affect the share price negatively.”

Euronav is expected to book a loss of $31m for the three months to the end of September when its results hit the tape tomorrow.

Dyvik,