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Euronav says 2019 will be ‘turning point in the freight market’

2018 was not kind to the very large crude carrier market. Euronav, which completed one of the most significant mergers in the shipping industry last year, felt the sting. But outgoing chief executive Paddy Rodgers believes things are turning around

Company confirms $110m loss for 2018 but fourth quarter smoothens the landing. It believes the dynamic between supply and demand is near equilibrium


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