Euronav Better Than Hoped While Doing Worse Than Before — Panjiva
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Euronav Better Than Hoped While Doing Worse Than Before

Commodities 189 Earnings 759 Energy - Refined Oil 203 Logistics 476

Tanker operator Euronav reported second quarter revenues that were significantly better than expected by analysts surveyed by Bloomberg. Revenues of $189.6 million compared to predictions of $174 million, but were still 12.1% below 1Q. The drop reflects weaker tanker rates, a marked contrast to that for dry cargoes shown by Baltic Exchange data. Yet, the

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