Euronext Brussels and NYSE-listed CMB.Tech reported the profitable long-term charter of a chemical tanker for seven years.
The owner and operator of more than 160 seagoing vessels said in its third quarter results ended 30 September 2024 that a 26,000-dwt chemical tanker has been chartered for 7 years upon delivery from the shipyard to Ultratank.
CMB.TECH’s marine brand Bochem, an owner and operator of modern chemical tankers, sealed the long-term charter deal.
The shipowner CMB.Tech reported the fixture of the chemical tanker newbuilding on a long-term deal as it looks to build its charter backlog.
“Bochem has concluded a profitable long-term charter for one of its newbuilding chemical tankers (October 2025 – 26,000 dwt). The vessel has been chartered for 7 years upon delivery from the shipyard to Ultratank,” reads the third quarter report of CMB.Tech published on November 7.
Chief executive Alexander Saverys said that the company’s strategy of decarbonisation, diversification and optimisation of its fleet is in “full swing.”
“In recent months, we inaugurated our brand-new hydrogen engine R&D center in Japan, we took delivery of two container vessels, two chemical tankers, three dry bulk vessels and one crude oil tankers and we sold two of our oldest Suezmax tankers,” he commented.
The company formally completed a name change from Euronav NV to CMB.TECH NV in October to reflect its new strategy focusing on fleet diversification and decarbonisation. It also announced a new time charter contract signed bringing the contract backlog to $2.06 billion.
CMB.Tech fleet portfolio consists of more than 160 owned and operated seagoing vessels, including crude oil tankers, dry bulk vessels, container ships, chemical tankers, offshore wind vessels, tugboats and ferries.
