Belgian owner Euronav has detailed some of the work going into its new tankers as they are readied for potential LNG or ammonia power.

In July, the New York and Brussels-listed company ordered three suezmaxes at Hyundai Samho Heavy Industries, as well as declaring an option for a third VLCC at the same South Korean yard.

Chief executive Hugo De Stoop told a conference call that the company is paying $1m to $1.5m