The world’s largest quoted pure play crude tanker ownersays it has collected $50m from the printing of 5,473,571 new shares.

Euronav had previously revealed the shares would be soldto new investors including BHR Capital,Glendon Capital Management and Solus Alternative Asset Management.

GoldenTree AssetManagement and York Capital Management, who backed a $150m fundraiser at theend of 2013, also took part once again.