Euronav has received the award "Deal of the Year 2018" for its merger with Gener8 Maritime at this year’s Lloyds List Global Awards in London.
Paddy Rodgers, CEO of Euronav said: “The merger with Gener8 was a challenging transaction from an operational, financial and legal perspective. It required great commitment, energy and professionalism from our staff and this award is recognition of that sustained effort over a prolonged period. The integration of the fleet into our enlarged organization has been delivered on schedule. With tanker market fundamentals continuing to improve, we believe this counter-cyclical investment will deliver strong returns for all our stakeholders going forward.”
12th December 2018