First off, a happy new year to our readers. Whether or not 2023 will be as tumultuous as last year remains to be seen. But with black swan events becoming a regular thing in recent years, all bets are off.
Euronav boss Hugo de Stoop believes his company has to keep on transporting oil, despite opposition from its largest shareholder, Belgium’s Saverys family. The CEO argues that if his company is not transporting oil, someone else will be. Amid all the rhetoric and public posturing around the question of a formal merger between tanker owners Frontline and Euronav, a combination of the two companies looks