Marc Saverys: Setting course for Euronav's future and Strategic Vision with 1 billion in assets
Overview Marc Saverys
The Saverys family is closely linked to Belgium's maritime history, and embodies a dynasty of shipowners whose influence extends far beyond the frontiers of Europe.he city of Antwerp. With its roots in shipbuilding Bernard Boel and the famous Boelwerf in Temse, this family was also behind the creation of Compagnie Maritime Belge (CMB), Bocimar and Exmar. Marc Saverys piloted CMB while his brother Nicolas ran Exmar, specialized in the maritime transport of liquefied gas.
These companies had substantial fleets, managing various types of vessel and extending their activities beyond the sea to cover aviation, shipbroking, the production of ore fleet management and real estate. Marc Saverys has not limited himself to business; he is also active in other sectors, sitting on the boards of companies such as Sibelco and Mediafin.
The notion of sustainability was embodied in the founding of Durabilis by Marc Saverys, an initiative now headed by his son Sébastien, which strives to combine business and positive social impact around the world.
Marc Saverys, an influential voice in Flanders, shared his perspectives on economic policy, stressing the importance of giving entrepreneurs the space to operate successfully, and this comes with a fortune estimated at 1 billion.
Following a decisive generational transition in 2014, Alexander Saverys took the helm of day-to-day operations at CMBleaving the role of president to Marc. The aim of this handover was to preserve family continuity within the company, while at the same time breathing new life into it.
Recently, the family has faced major challenges, notably the pandemic of 2020, which required astute financial strategies, including the reduction of the shareholding in Euronav, in order to navigate through the economic crisis.
The year 2022 revealed a substantial split of the Marc Saverys' family assets shared between his sons fortune of over 1 billion euros. However, the following year saw a fierce battle for control of Euronav, a leading oil tanker company, revealing the competing strategies of Saverys' CMB and John Fredriksen's Famatown, each holding around a quarter of the business. Their dispute is currently under arbitration.
This overview of the Saverys family highlights not only theeur maritime heritageThis is the story of a family commitment transformed into an industrial empire with a vision for the future. This is the story of a family commitment transformed into an industrial empire with a vision for the future.
