Press Releases from Euronav NV (16 total)
FSO AFRICA UPDATE
Euronav NV (EURONEXT BRUSSELS: EURN) today announces that TI Africa Ltd, the joint venture in which OSG and Euronav NV each has a 50% interest, has received a notice of termination from Maersk Oil Qatar concerning the services contract related to the FSO Africa, a vessel currently under conversion to a Floating Storage and Offloading (FSO) service vessel.
The joint venture contests the termination notice and continues to believe that…
EURONAV TO RAISE USD 125 MILLION
On 4 September 2009, Euronav NV (‘Euronav’) priced its offering (the ‘Offering’) of USD 125 million fixed rate senior unsecured convertible bonds, due 2015 (the ‘Bonds’).
The Bonds will be issued at 100 per cent of their principal amount and will bear interest at a rate of 6.5 per cent per annum, payable semi-annually in arrear. The initial conversion price is EUR 16.28375 (or USD 23.16852 at EUR/USD exchange rate…
FIRST SEMESTER RESULTS 2009
ANTWERP, Belgium, 22nd July 2009 – The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) today reported its preliminary and unaudited financial results for the six months ended 30th June 2009.
The company had a net income of USD 27.1 million (first semester 2008: USD 205.2 million) or USD 0.54 (first semester 2008: USD 3.97) per share, for the first semester 2009. EBITDA for the same period was USD 123.6 million…
FIRST QUARTER RESULTS 2009 AND NEW FINANCING
The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) today reported its financial results for the three months ended 31st March 2009.
The company had a net income of USD 16.8 million (first quarter 2008: USD 80.7 million) or USD 0.34 (first quarter 2008: USD 1.56) per share, for the first quarter 2009. EBITDA for the same period was USD 79 million (first quarter 2008: USD 154.2 million). The average…
FOURTH QUARTER RESULTS 2008
ANTWERP, Belgium, 20th January 2009 – The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) today reported its preliminary financial results for the fourth quarter and full year 2008:
The company had a net result of USD 36 million (fourth quarter 2007: USD -12.1 million) for the 3 months ended 31st December 2008 or USD 0.72 per share (fourth quarter 2007: USD -0.23 per share). EBITDA was USD 130.1 million (fourth…
EURONAV - OUTSTANDING THIRD QUARTER RESULTS 2008
The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) today reported its financial results for the three months ended 30th September 2008.
The company had a net income of USD 158 million (third quarter 2007: USD -23.3 million) or USD 3.05 (third quarter 2007: USD -0.44) per share, for the third quarter 2008. EBITDA for the same period was USD 216.6 million (third quarter 2007: USD 43.8 million). The average daily…
EURONAV ANNOUNCES NEW USD 500 MILLION CREDIT FACILITY FOR FSO PROJECT
ANTWERP, 13 October 2008 – The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) is pleased to announce that it has jointly with Overseas Shipholding Group Inc. (NYSE: OSG) signed a USD 500 million senior secured facility with ING, Fokus Bank, Fortis Bank (Belgium), Sumitomo Mitsui Banking Corporation, BNP Paribas and Nordea, acting as Lead arrangers and ING as global coordinator and facility agent and Danish Ship Finance, Deutsche Schiffsbank,…
Interim dividend and final half year results
During its meeting of 28 August 2008, Euronav’s board of directors approved the final
consolidated financial statements for the period ended 30 June 2008. This press release refers
also to the one distributed on 22 July 2008.
The half year report including, a full version of the condensed consolidated interim financial statements for the sixth months ended 30 June 2008, prepared in accordance with IAS 34 and including the joint statutory auditor’s review…
EURONAV SELLS 2 AFRAMAX
ANTWERP, Belgium, 13 May 2008 - Euronav NV (Euronext Brussels: EURN) today announced that the company sold two double-hull Aframaxes, the Fantasy (2002–106,560 dwt) and the Fidelity (2002–106,548 dwt), for an aggregate selling price of USD 137 million. The capital gain of this sale transaction of about USD 44.5 million will be recorded in the second half of 2008 upon delivery of the ships to their new owner. The company…
EURONAV NV ANNOUNCES FINAL YEAR RESULTS 2007
Antwerp – 13th March 2008 - During its meeting, Euronav’s (EURONEXT BRUSSELS: EURN) board of directors approved the final consolidated financial statement for the period ended 31 December 2007:
The joint statutory auditors have confirmed that their audit work, which has substantially been completed, did not reveal any significant changes to be made to the financial information included in the press release.
At the date of the press release the total number…
Euronav - Fourth Quarter 2007 Results
ANTWERP, 22nd January 2008 – The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) reported today its preliminary financial results for the fourth quarter and full year 2007.
The company had a net result of USD –12.1 million (4Q06: USD 38.4m) for the 3 months ended 31st December 2007 or USD -0.23 per share (4Q06: USD 0.73/share). EBITDA was USD 48.6 million (4Q06: USD 95m).
For the year ending 31 December 2007,…
EURONAV ANNOUNCES Q3 RESULTS
ANTWERP, 23rd October 2007 – The executive committee of Euronav NV (EURONEXT:
EURN) today reported its provisional financial results for the three months ended 30th September 2007.
The company had a result of USD – 23.3 million (2006: USD 53.8 million) or
USD -0.44 (2006: USD 1.02) per share, for the three months ended 30th September 2007. EBITDA was USD 43.8 million (2006: USD 110.5 million).
Euronav owned VLCCs operated through the Tankers International…
EURONAV announces final Half Year Results
During its meeting of 28 August 2007, Euronav’s board of directors approved the final consolidated financial statements for the period ended 30 June 2007. This press release refers also to the one distributed on 24 July 2007.
A full version of the condensed consolidated interim financial statements for the sixth months ended 30 June 2007, prepared in accordance with IAS 34 and including the joint statutory auditor’s review report, can be…
EURONAV NV: FIRST SEMESTER RESULTS
ANTWERP, Belgium, 24th July 2007 – The executive committee of Euronav NV (EURONEXT: EURN) today reported its unaudited financial results for the six months ended 30th June 2007.
The company had net income of USD 134.2 million (2006: USD 124.7 million) or USD 2.55 (2006: USD 2.37) per share, for the six months ended 30th June 2007. For the six months ended 30th June 2007, EBITDA was USD 250.9 million (2006:…
Euronav first quarter results 2007
ANTWERP, Belgium, 17th April 2007 - The executive committee of Euronav NV (EURONEXT EURN) Today reported its financial results for the three months ended 31st March 2007.
FOR FULL PRESS RELEASE PLEASE GO TO ERUONAV CORPORATE WEBSITE:
www.euronav.com
Euronav is one of the world's leading independent crude oil tanker companies. Prior to the demerger, Euronav was the crude oil tanker division of CMB SA, the former national shipping line of Belgium founded in…
EURONAV NV (EURONEXT: EURN) announces final Half Year Results
During its meeting of 20 September 2006, Euronav’s board of directors discussed the final consolidated financial statements for the period ended 30 June 2006. This press release refers also to the one distributed on 25 July 2006.
For full press release please go to Euronav corporate website:
www.euronav.com
- EURONAV nv
- Belgica House
De Gerlachekaai 20
B 2000 Antwerpen 1
- Tel: +32 3 247 44 11
Fax: +32 3 247 44 09
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