Cmb.Tech N.V.

Press release: CMB.TECH fleet update

CMB.TECH sold the 2011-built Suezmax tanker Stella (165,000 dwt), generating an approximate $59.6 million gain to be booked in Q4 2026. The vessel has already been delivered to its new owners; the gain is based on net sale price versus book values. The company will report Q3 2026 results on 26 November 2026, where the sale proceeds and fleet composition may be discussed further.

•27d ago

MINERAL EUROPA: A GAME CHANGER FOR SHIPPING

CMB.TECH's Mineral Europa, the world's first ammonia-powered dry bulk vessel, has embarked on its maiden voyage to Australia. The company has 21 ammonia-powered ships scheduled for delivery by 2029, most within the next nine months, as part of a broader push into clean-fuel shipping. The release contains no financial figures or contracts, but the milestone strengthens CMB.TECH's decarbonization positioning ahead of its Q3 results on November 26.

•1mo ago

CMB.TECH SPECIAL GENERAL MEETING RESULTS

CMB.TECH shareholders approved a total distribution of USD 0.64 per share at the Special General Meeting, as conditionally announced on 27 August 2026. The distribution comprises a USD 0.21 intermediary dividend (subject to 30% withholding tax absent exemption) and a USD 0.43 payment out of share premium that is exempt from withholding tax, payable 22 October 2026. The meeting also approved an additional distribution of minimum USD 50 million and maximum USD 250 million out of available share premium.

•1mo ago

CMB.TECH ANNOUNCES Q2 2026 RESULTS

CMB.TECH reported a sharp increase in Q2 2026 net profit to USD 364.4 million, up from USD 7.8 million in the prior year, as revenue jumped 81% to USD 703.9 million. The strong performance was driven by favorable tanker and dry bulk market conditions, an EBITDA of USD 552.8 million, and one-off gains totaling approximately USD 127.4 million from the sale of VLCC and Suezmax vessels. The Supervisory Board proposed a total distribution of USD 0.64 per share, comprising an interim dividend and a share premium payment, while the contract backlog remained stable at USD 3.26 billion.

•2mo ago

CMB.TECH fleet update

CMB.TECH sold the 2016-built VLCC Donoussa, a move expected to generate a capital gain of approximately $74.4 million in Q4 2026. The vessel is scheduled for delivery to its new owner in the fourth quarter, with the gain recognized based on the net sale price and book values. The company also announced it will report its second quarter 2026 financial results on August 27.

•3mo ago

CMB.TECH fleet update

CMB.TECH has sold two 2023-built Suezmax vessels, Brest and Brugge, to a new owner in Q3 2026. The transaction generates a capital gain of approximately $100.5 million USD, based on the net sale price and book values. CEO Alexander Saverys stated that historically strong Suezmax valuations created an opportunity to unlock value, with proceeds to be deployed in line with the company's capital allocation strategy.

•4mo ago

FORTESCUE AND CMB.TECH SIGN MILESTONE AGREEMENT FOR 12 AMMONIA BULKERS TO ACCELERATE ZERO-EMISSIONS SHIPPING

CMB.TECH and Fortescue signed a milestone agreement for the charter of up to 12 Newcastlemax vessels (210,000 dwt) from CMB.TECH's dry bulk division, Bocimar. Three of the vessels will be delivered with dual-fuel ammonia engines by the end of 2026, while the remaining nine will be ammonia-ready for future conversion. The fleet aims to reduce carbon dioxide emissions by approximately 250,000 tonnes annually if fueled by green ammonia, marking a significant step in decarbonizing global shipping.

•4mo ago

CMB.TECH RESULTS GENERAL MEETINGS

CMB.TECH shareholders approved the annual accounts for 2025 and authorized a distribution of $130 million to $200 million from share premium. This approval satisfies the condition for a $0.64 per share payout, which was previously announced in May. The meeting also finalized Supervisory Board changes, reappointing Catharina Scheers and adding Gudrun Janssens and Carl E. Steen as independent members.

•5mo ago