Euronav Compass Jun 2026

Navigating the highly cyclical "boom and bust" nature of tanker freight rates through smart capital allocation.

: It is designed to work seamlessly with third-party avionics, allowing for radar and traffic overlays to be displayed directly on the navigational interface. Safety Features

Thank you for sailing with the Euronav Compass.

It is important to distinguish this software from other "Compasses" in the European sphere: : An EU security and defense plan [2]. Euronav Compass

: The software includes modules for flight planning and real-time aircraft position tracking [6].

accounts, ensuring the vessel remains legally compliant with maritime regulations. 3. User Interface and Control

The company capitalized on high asset values by selling older Suezmax and VLCC vessels, such as the VLCC Daishan and Hirado in Q1 2026. Navigating the highly cyclical "boom and bust" nature

The operational deployment of systems like COMPAS became even more critical during the major corporate transformations of Euronav.

For VLCC owners, this measured return is a net positive. A sudden flood of 2 million barrels per day would have created logistical bottlenecks and short-term rate suppression. Instead, the gradual easing—approximately 150,000 to 200,000 bpd per month—allows the supply chain to absorb the volumes without overwhelming floating storage or creating a tanker glut.

The system allows crews to prepare and update flight plans directly on the digital map (4.0) 3.2.1. It is important to distinguish this software from

represents the core strategic values and innovative framework guiding Euronav NV (now part of CMB.TECH ) as it transitions from a traditional crude oil carrier into a leader of the global energy transition. In the maritime industry, where environmental regulations and digital transformation are rapidly shifting the landscape, this "compass" serves as a roadmap for decarbonization, operational excellence, and fleet diversification . The Strategic Pillars of Euronav Compass

While this project does not involve Euronav directly, it highlights the increasing synergy between traditional maritime industries and the growing offshore renewable energy sector—a space where a company like CMB.TECH, with its diversified fleet, could play a future role.

Euronav Compass is a corporate reporting and investor relations publication (quarterly/annual) produced by Euronav — a large independent tanker company — that summarizes performance, fleet developments, market commentary, and financial results.

In 2024, Euronav decided to sell its FAST platform to ZeroNorth, a maritime technology company. The company stated that the sale would help accelerate the industry's green transformation, highlighting its commitment to environmental sustainability.