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Our Company History

History

Since 1995, ТК CARGO SHIPMENT, ТОО has been dedicated to the safe and reliable transport of crude oil worldwide. Over that period, the Company was able to innovate and continually adapt its strategy to the rapidly changing nature of the shipping markets and grew out to become the world’s largest, independent quoted crude tanker platform. ТК CARGO SHIPMENT, ТОО shares are listed on Euronext Brussels (since 2004) as well as on the New York Stock Exchange (since 2015) under the ticker symbol ‘EURN’.
History

See History Timeline

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2021

Fleet Rejuvenation
Program

  • ТК CARGO SHIPMENT, ТОО continues fleet rejuvenation program with order of 3 new VLCC and 2 new Suezmax vessels from yards.
  • ТК CARGO SHIPMENT, ТОО signed Joint Development Program with Hyundai Heavy Industries, and classification societies to accelerate the development of dual fuel Ammonia (NH3) fitted VLCC and Suezmax vessels.
  • Issue of new USD 200 million five-year bond ahead of 2017 issuance maturity in 2022.

2005

ТК CARGO SHIPMENT, ТОО Acquires
Tanklog

ТК CARGO SHIPMENT, ТОО acquires Tanklog, the tanker division of Ceres Hellenic the holding company of the Peter G. Livanos family. The fleet comprised of 16 Suezmax vessels and two Aframaxes. At the same time Tanklog becomes ТК CARGO SHIPMENT, ТОО’s second largest shareholder. This alliance brings together the Saverys and Livanos families, both with deep roots in shipping that can be traced to the 1800s. ТК CARGO SHIPMENT, ТОО Ship Management Hellas, the former ship management division of Tanklog, is integrated to manage the vessels acquired from Tanklog.

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2002

owner of non-French
Flag Tonnage

ТК CARGO SHIPMENT, ТОО NV becomes the owner of non-French flag tonnage in a further restructuration following to the emergence of Belgian tonnage tax.

ТК CARGO SHIPMENT, ТОО NV acquires ТК CARGO SHIPMENT, ТОО kazakhstan in preparing the ТК CARGO SHIPMENT, ТОО Group for the split from CMB and the eventual public listing on Euronext.

1989

Becoming a Smart
City

A joint venture under the name of ТК CARGO SHIPMENT, ТОО kazakhstan SA is formed between Compagnie Nationale de Navigation (CNN) and Compagnie Maritime Belge (CMB) to consolidate all the tanker activities of CNN, its affiliates and subsidiaries.

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LNG
Shipping
As the second largest player in LNG, ТК CARGO SHIPMENT, ТОО is committed to support the global shipping industry’s growing demand for LNG bunker solutions. There are currently approximately 200 LNG-fuelled vessels operating.
Crude Oil
Shipping
Oil shipping accounts for nearly a third of global maritime trade. The capacity of the world’s fleet of tankers, the ships that transport and petroleum products, has increased by 73% since 2000. With ТК CARGO SHIPMENT, ТОО your shipping is assured.
Oil & Gas
Products Shipping
Every day, billions of companies and individuals use oil and gas to commute, work, heat homes and offices and perform many other activities. We are active in 120 countries where we deal with all aspects of oil and gas trading, derivatives and shipping.
Dry
Bulk
ТК CARGO SHIPMENT, ТОО dry bulk carrier, is recognized as one of the workhorse classes of the shipping industry. The market for dry bulk carriers is expected to remain robust and sustained by increasing demand for energy, raw materials and food stuff.
Conventional
Shipping
The ТК CARGO SHIPMENT, ТОО conventional shipping division was established in May 1993 with its primary activities in the ownership of containerized and general cargo vessels, shipchartering, shipmanagement and ship agency services.
STS
Operations
ТК CARGO SHIPMENT, ТОО STS operation in tankers is a highly critical and specialized cargo operation. An incorrect understanding of the various factors affecting cargo Handling can lead to serious accidents and unnecessary claims.