Workflow
hydrogen and ammonia fuel
icon
Search documents
CMB.TECH FLEET UPDATE
Globenewswire· 2026-01-07 21:07
Core Viewpoint - CMB.TECH NV has successfully sold eight vessels, resulting in a total capital gain of approximately 269.2 million USD, aligning with its fleet rejuvenation strategy [1][4]. Group 1: Vessel Sales - CMB.TECH sold six Very Large Crude Carriers (VLCCs) including Daishan, Hirado, Hojo, Dia, Antigone, and Aegean, generating a capital gain of approximately 261.1 million USD in Q1 2026 [2]. - The company also sold two Capesize vessels, Golden Magnum and Belgravia, which will yield a capital gain of approximately 8.1 million USD in Q1 2026 [3]. Group 2: Financial Implications - The proceeds from the vessel sales will be utilized to repay existing debt facilities, and CMB.TECH intends to distribute 50% of the profits from these sales [3]. Group 3: Company Overview - CMB.TECH is one of the largest listed, diversified maritime groups globally, operating a fleet of about 250 vessels across various categories including dry bulk, crude oil tankers, and chemical tankers [6]. - The company is headquartered in Antwerp, Belgium, with a presence in Europe, Asia, the United States, and Africa [6].
PRESS RELEASE: Golden Ocean SGM results
Globenewswire· 2025-08-19 14:33
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].
Press release: Publication of exemption document
GlobeNewswire News Room· 2025-08-14 21:14
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].