New Euronav chief executive Alexander Saverys has revealed how the future might look for the tanker owner after sealing John Fredriksen and Frontline’s exit.

Saverys, who is also CEO of private Saverys family-controlled shipowner Compagnie Maritime Belge, will run the Brussels and New York-listed Belgium owner with his siblings.

The family has emerged with a 49% stake in Euronav after buying Norwegian tycoon Fredriksen out, while Fredriksen’s Frontline paid $2.35bn