CMB.TECH gains $20.4m from suezmax sale as fleet rejuvenation continues

The Antwerp-headquartered CMB.TECH has sold two vessels, generating a capital gain of approximately $98.2m in total.

The company has sold two VLCCs under its oil tanker brand Euronav, which is engaged in marine transport and crude oil storage. The vessels sold are the Ingrid and Ilma, both built in 2012 with a 314,000-dwt.

According to CMB.TECH, the sale will generate a capital gain of approximately $98.2m in the second quarter of 2026, based on the net sales price and book values.

As disclosed, the vessels will be delivered to their new owner in the second quarter of 2026.

Last month, the company also announced the sale of six VLCCs under its oil tanker brand Euronav and two capesize vessels through its Bocimar arm, generating a capital gain of around $269.2m in total. To remind, Bocimar owns and operates bulkers and transports coal, iron ore, grain and minor bulks.

The recent vessel sales are in line with CMB.TECH’s fleet rejuvenation strategy. 

CMB.TECH, listed on Euronext Brussels and the NYSE and on Euronext Oslo Børs, has a fleet portfolio of about 250 vessels: dry bulk vessels, crude oil tankers, chemical tankers, container vessels, offshore energy vessels and port vessels.