Belgium’s Euronav established a couple of milestones when it transferred its Brussels listing to New York last month while raising $199m in new equity.
Besides being the first crude-tanker owner to list in the US since Evangelos Marinakis’ Crude Carriers in March 2010, it also was the first tanker initial public offering (IPO) to win underwriter overallotment funds since Scorpio Tankers, which floated just days after Crude Carriers.
