Euronav add to fleet

Announced on 12/07, Euronav (EURN) plans to exercise an option and add another newbuild VLCC from Qingdao Bohai (China), and two newbuild Suezmax from Daehan shipyard (South Korea)

Still don’t understand the dynamics of business reorg. Saverys had suggested the family wanted to keep the EURN US listing, Is the buyout of minority shareholders optional then? When the 24 VLCCs start disappearing from the EURN fleet list, then the vessel part will be done. FRO mgmt have suggested FRO won’t recognize revenue until the VLCCs are in ballast mode. Details, details