IntrinsicIntrinsic
← Scroll for more →

Recent Updates — CMBT

October 13, 2026View Source ↗

CMB.TECH NV has sold its Suezmax vessel, the Stella (2011, 165,000 dwt), delivering it to new owners. The transaction is expected to generate a gain of approximately $59.6 million USD in the fourth quarter of 2026, based on the net sale price relative to book values. CMB.TECH operates as one of the world's largest listed maritime groups, managing a diversified fleet of approximately 235 vessels including dry bulk, crude oil tankers, chemical tankers, container vessels, and offshore energy assets, while also providing hydrogen and ammonia fuel solutions.

October 9, 2026View Source ↗

CMB.TECH NV announced that Mineral Europa, the world's first ammonia-powered dry bulk vessel, has embarked on its maiden voyage to Australia. This event marks a significant milestone in decarbonizing shipping, demonstrating that large ocean-going ships can operate without CO2 emissions using green ammonia fuel. The company plans to scale up this technology, with twenty-one additional ammonia-powered ships scheduled for delivery between now and 2029, including eighteen dry bulk vessels, one container ship, and two chemical tankers. Most of these new vessels are expected to be delivered within the next nine months. CMB.TECH is also building a supporting fuel ecosystem involving ammonia storage solutions and bunker barges. The company operates as a diversified maritime group with a fleet of approximately 235 vessels and offers hydrogen and ammonia fuel services.

October 8, 2026View Source ↗

Shareholders at the Special General Meeting approved a total distribution of USD 0.64 per share. The payout consists of an intermediary dividend of USD 0.21 per share and a payment of USD 0.43 per share out of available share premium, which is exempt from withholding tax. Payment is scheduled for October 22, 2026 on the NYSE and Euronext Brussels, with OSE settlement expected around October 27, 2026. The meeting also approved a shareholder distribution program ranging between USD 50 million and USD 250 million out of share premium reserves. CMB.TECH is one of the largest listed maritime groups globally, operating a diversified fleet of approximately 235 vessels including dry bulk, tankers, and offshore energy assets, while also supplying hydrogen and ammonia fuel.