Core Insights - CMB.TECH NV is undergoing significant changes, including a stock-for-stock merger with Golden Ocean, with CMB.TECH as the surviving entity [2] - The company has sold three Very Large Crude Carriers (VLCCs) as part of its fleet rejuvenation, generating a total capital gain of 96.7 million USD [3] - CMB.TECH will align the announcement dates for its first and second quarter 2025 earnings due to the consolidation of Golden Ocean's financial results [4] Group 1: Business Update - CMB.TECH held two Capital Markets Days in Antwerp and Oslo to discuss the merger and future strategies [2] - The company operates a diverse fleet of over 150 vessels, including crude oil tankers and offshore wind vessels, and is involved in hydrogen and ammonia fuel production [5] Group 2: Financial Performance - The sale of three VLCCs includes vessels Iris (2012, 314,000 dwt), Hakata (2010, 302,550 dwt), and Hakone (2010, 302,624 dwt) [3] - The Q1 2025 earnings will be announced on 21 May 2025, and Q2 2025 earnings will be announced on 28 August 2025 [4]
CMB.TECH BUSINESS UPDATE