The two new tankers will be twice the size (DWT) of its existing fleet. Credit: EuroNav

Belgian bulker and tanker specialists EuroNav has ordered two new bitumen tankers from China Merchants Jinling Shipyard and Dingheng, both in Yangzhou. 

The vessels will be 17,000 deadweight tonnes, which is twice the size of EuroNav’s current fleet average of 8,000 DWT. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The ships are set to be fitted with duel-fuel engines, designed to run on green methanol as well as marine gas oil. 

Both ships are expected to be delivered in the fourth quarter of 2026, and have already been chartered out to a partner company for 10 years upon delivery.   

The client and the cost were both kept confidential by the Antwerp-based shipping firm.

Euronav is committed to becoming the reference in sustainable shipping by focusing on diversification, optimisation & decarbonisation, according to CEO Alexander Saverys. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“With the new orders for two state-of-the-art and green newbuilding bitumen tankers, we continue to execute our strategy of diversification and decarbonisation of our fleet. In recent months, we have secured a total of 55 years of time charter cover thanks to the great support of top-class companies.” 

“This proves that our customers are ready to partner up with Euronav and CMB.TECH to develop future-proof solutions for the shipping industry. We will continue to develop innovative low carbon solutions for our customers and will accelerate our investments in the maritime energy transition. Decarbonise today, navigate tomorrow,” he added. 

Euronav is currently listed on both Euronext Brussels and on the NYSE under the symbol EURN.

EuroNav plans to change the group’s name to CMB.TECH, but EuroNav will remain the oil tanker shipping company’s name.