Euronav NV (“EURN” or “Euronav”) (NYSE: EURN & Euronext: EURN) is pleased to announce an agreement to lift the option for a second VLCC new build.

In August we announced the purchase of the first VLCC newbuilding and the option to purchase a second one. This option has now been lifted. The purchase will cost USD 112.2 million with highly favourable payment terms and schedule. The vessel is expected to be delivered in Q3 2026.

Euronav NV press release