Supply Chain Research

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 … Continue reading “Euronav Better Than Hoped While Doing Worse Than Befor...