Euronav to write down value of stockpiled fuel

Malcolm Latarche

Malcolm Latarche · 01 April 2020

ShipInsight


In a release accompanying its 2019 year end results, tanker operator Euronav revealed that it was being forced to write down the value of the remaining stocks of the 420,000 tonnes of VLSFO it had acquired and stored in anticipation of price rises from 1 …

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