Euronav Compass ^new^ Jun 2026
The vessel is powered by a low-speed, two-stroke diesel engine (likely a MAN B&W or Wärtsilä design) generating roughly 25,000 to 30,000 kW. This allows for a service speed of 14 to 16 knots. Unlike container ships that race against the clock, the Euronav Compass optimizes for fuel efficiency via "slow steaming," drastically reducing bunker fuel consumption per ton-mile.
: It supports various chart formats, including Raster charts (ARCS, Seafarer, BSB) and vector data, often used within their seaPro line of products [7, 9]. Euronav Compass
That gives the Compass a daily cash advantage of roughly $8,000 over an older vessel. Over a 20-year life, that is nearly —more than half the original build cost. The vessel is powered by a low-speed, two-stroke
As we move deeper into the second quarter of 2026, the crude tanker market finds itself navigating one of the most complex geostrategic and commercial environments in recent memory. At Euronav, we believe in looking beyond the immediate volatility to understand the structural currents driving our industry. Today, we examine three critical pillars defining the current cycle: the recalibration of OPEC+ production, the enduring power of tonne-mile demand, and the accelerating cadence of fleet renewal. : It supports various chart formats, including Raster