Euronav NV (NYSE:EURN)

$ 16.8 0.3 (1.82%) Market Cap: 3.19 Bil Enterprise Value: 4.34 Bil PE Ratio: 2.88 PB Ratio: 1.71 GF Score: 76/100

Euronav NV Road to Decarbonisation Event Transcript

May 05, 2022 / NTS GMT

Release Date Price: $11.79 (-1.75%)

Transcript

Hugo De Stoop

Euronav NV - CEO & Member of the Management Board

Good morning, good afternoon, everyone, and welcome to Euronav's decarbonization road, the webinar we have organized to explain what we have done in the past and what we intend to do in the future.

Next slide, please. So today's presentation is really an opportunity to showcase what we have done so far. It's the first time that we organized a webinar. Nevertheless, we have done a lot, and I would even claim that we have done a lot since the creation, the very creation of Euronav as a company.

Transportation of oil is what we do. We're extremely proud of it. We believe it's essential to do it. And on the right-hand side, you see that our footprint is totally global. We transport oil all over the place, specifically on 2 type of ships called VLCCs and Suezmax.

What is essential for us is that we operate safely in what is often very, very harsh condition. You have to imagine the type of ship that we operate in the middle of the ocean, and you will directly understand the kind of skill sets that are required to make

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