Euronav is a Belgian international shipping enterprise which focuses on oil transport by sea. Euronav is considered to be one of the major independent global oil shipping firms. Euronav is in the process of merging with another leading oil tanker operator, Frontline Ltd., controlled by the John Fredriksen group. This merger, if executed, should be implemented in 2023. Euronav provides complete shipping services in addition to its fleet of large tankers. The company is the successor to the Belgium tanker-owner European Navigation Company Ltd, an Isle of Man company, and to the French Compagnie Nationale de Navigation (CNN, at that time a subsidiary of the Worms Group (Worms & Cie). In 1995 European Navigation Company Ltd sold vessels, subsidiary, crewing and technical, management companies and goodwill to Euronav Luxembourg NV to form a joint venture between CNN and Compagnie Maritime Belge (CMB). In 1997 CMB acquired CNN and transferred Euronav Luxembourg NV into the full ownership of CMB. Euronav had thus become the wholly owned tanker division of CMB. More information...
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