Core Insights - Luda Technology Group has formed a strategic partnership with major Chinese shipbuilders to enhance the research and manufacturing of specialty-material flanges and pipe fittings for ammonia-fuelled vessels, marking a significant step towards supply chain independence in the Chinese shipbuilding sector [1][2] Group 1: Partnership Details - The partnership includes China State Shipbuilding Corporation (CSSC), Haiting (Nantong) Shipbuilding Company, and COSCO Shipping Heavy Industry Company, with Luda Taian Industrial Company supplying certified products for high-value-added ships such as LNG carriers and luxury cruise ships [2][6] - The collaboration aims to establish joint technical R&D teams to innovate in new materials, processing techniques, and digital supply chain management [3][4] Group 2: Technological Advancements - Luda Taian is testing ammonia-resistant materials, including high-nickel alloys and special stainless steels, to tackle challenges like high corrosiveness and hydrogen embrittlement risks associated with ammonia fuel [4][5] - The company is developing appropriate welding and heat treatment processes to support these new materials [4] Group 3: Strategic Vision - The CEO of Luda Technology emphasized that this collaboration is a pivotal move in transitioning from a component manufacturer to a technology solution provider, aiming to elevate the status of Chinese manufacturing in the global high-end marine equipment sector [6][7] - Continued investment in R&D is planned to ensure compliance with stringent international standards and to collaboratively define technical standards for next-generation green vessels [7]

Core Viewpoint - Golden Ocean Group Limited has successfully approved a stock-for-stock merger with CMB.TECH Bermuda Ltd., a wholly-owned subsidiary of CMB.TECH, with the merger expected to close on August 20, 2025 [2][3]. Group 1: Merger Details - The Special General Meeting of Golden Ocean shareholders took place on August 19, 2025, where all resolutions were approved [1][2]. - The merger will involve the cancellation of each outstanding common share of Golden Ocean, which will be exchanged for newly issued CMB.TECH ordinary shares at an exchange ratio of 0.95 ordinary shares of CMB.TECH for each common share of Golden Ocean [3]. Group 2: Company Profiles - CMB.TECH is a diversified maritime group operating over 160 vessels, including crude oil tankers, dry bulk vessels, and container ships, and is involved in hydrogen and ammonia fuel production [4]. - Golden Ocean specializes in the transportation of dry bulk cargoes and has a fleet of approximately 90 vessels with a total capacity of around 13.7 million deadweight tonnes [6].

Core Viewpoint - CMB.TECH NV is moving forward with a stock-for-stock merger with Golden Ocean Group Limited, having published an exemption document and a special report from the supervisory board regarding the merger [1][5]. Group 1: Exemption Document - The exemption document outlines the main features of the merger and is available on CMB.TECH's website [2]. - It is prepared for the admission of new ordinary CMB.TECH shares on Euronext Brussels and for a secondary listing on Euronext Oslo Børs [3]. - The document serves informational purposes and does not constitute an offer or solicitation for securities [4]. Group 2: Company Profiles - CMB.TECH is a diversified maritime group operating over 160 vessels, including crude oil tankers and container ships, and is involved in hydrogen and ammonia fuel production [6]. - CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol "CMBT" [7]. - Golden Ocean is a Bermuda-based shipping company specializing in dry bulk cargo transportation, with a fleet of over 90 vessels and a capacity of approximately 13.7 million deadweight tonnes [8].