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Ġ EURONAV ANNOUNCES SECOND QUARTER AND FIRST HALF 2021 RESULTS HIGHLIGHTS ● ● ● PRESS RELEASE Regulated information Thursday 12 August 2021 - 8 a.m. CET ● A challenging quarter - tanker market dynamics largely static from Q1 OPEC + output rises not fully translating into higher tanker shipping demand Counter cyclical investment in new generation of ships via 8 new eco - vessels Q2 cash dividend of USD 3 c per share Q3 so far VLCC 43 % at USD 8,000 per day ; Suezmax 48 % at USD 8,250 per day ANTWERP , Belgium , 12 August 2021 - Euronav NV ( NYSE : EURN & Euronext : EURN ) ( " Euronav " or the " Company " ) reported its non - audited financial results for the first semester and second quarter ended 30 June 2021 today . Hugo De Stoop , CEO of Euronav said : " Improving crude demand and the tapering of OPEC + production cuts have yet to translate into freight rate recovery . Key market signals such as global crude inventory levels , rising asset prices and improved recycling rates suggest solid foundations are being established for cyclical recovery . However , for freight rates to gain traction crude demand and supply dynamics will need to go back to their normal pattern and this timing remains uncertain . Our confidence in the development of the medium - term tanker market remains positive . The additional recent counter - cyclical investments in the latest technology bolstered by our Joint Development Program will , we believe , bring future competitive and sustainable advantage to Euronav . "