John Michael Radziwill has resigned from the Euronav board after a four strong suezmax venture was split in two.

New York-listed Euronav says it will take on the 157,600-dwt Captain Michael (built 2012) and Maria (built 2011) from the fleet it previously ran with Bretta Tanker Holdings.

It will pay $15.1m to Radziwill’s Bretta as the public company has taken the two newest tankers in the venture.

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