Euronav, OSG Seek FSO Contracts for Largest Tankers, Tijd Says

Euronav NV and Overseas Shipholding Group Inc. are looking for additional contracts to convert their remaining largest supertankers into floating storage and offloading vessels, De Tijd reported on its website, citing from an interview with Euronav Chairman Marc Saverys and Chief Executive Officer Patrick Rodgers.

Euronav and OSG already set up a jointly owned company that converted the TI Africa and TI Asia supertankers into FSO vessels, which are under contract by Maersk Oil Qatar SA at the al-Shaheen oil field off the coast of Qatar, the newspaper said.

Click here for web link

To contact the editor responsible for this story: John Martens at jmartens1@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.