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Euronav warns against scrubbers

Not everyone sees scrubbers as a profitable or even sensible option to comply with the 2020 sulphur cap. Euronav has argued to its investors that — contrary to conventional wisdom — there is no guarantee that burning heavy fuel oil after 2020 by using scrubbers will yield returns on the initial investment

Tanker owner suffers increased losses in the third quarter but remains confident of market fundamental improvements

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