Euronav today finally moved out of the shadow of the two influential shipowners who helped found what is now the world’s largest quoted tanker company, as another key step in its maturing as a stable long-term concern.

Peter Livanos and Marc Saverys will step down as directors at the end of a two-day board meeting of the company in London later this week, as was announced earlier, with former Nordea banker Carl Steen coming in as chairman.

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