Compass: Euronav

A very specific request!

• Energy-Efficient Engine Designs: Electronic injection for precise fuel metering.
• Propeller Ducting and Rudder Bulbs: Enhancing hydrodynamic flow.
• Ballast Water Treatment Systems (BWTS): Preventing the spread of invasive species, in compliance with the Ballast Water Management Convention.

1. Green Navigation (The "Green Compass")

Euronav has committed to decarbonization. Future iterations of the Compass will feature a "Green Route" planner, suggesting speeds and routes that minimize CO2 per barrel transported. Charterers will be able to compare the carbon footprint of a Euronav VLCC against an average market vessel. Euronav Compass

Case Study: The 2023 VLCC Rate Surge

In late 2023, users of the Euronav Compass noticed a distinct pattern: eleven VLCCs shifted from "ballast" (heading to load) to "laden" (carrying oil) within a 48-hour window, all bound for China via the Cape of Good Hope. While mainstream media focused on Red Sea tensions, Compass users saw the raw data: a massive restocking cycle was underway. Those traders bought call options on tanker freight futures (FFAs) and made substantial returns before the news became public. A very specific request

Verdict: The Euronav Compass is a "specialized scalpel," not a "global map." You use it to understand one of the world’s largest owners intimately. You use Kpler or Vortexa to see the entire market. A very specific request!