The Antwerp-headquartered CMB.TECH has sold eight vessels, generating a capital gain of around $269.2m in total.
The company has sold six VLCCs under its oil tanker brand Euronav, which is engaged in marine transport and crude oil storage. The vessels sold are the Daishan (2007-built, 306,005-dwt), Hirado (2011-built, 302,550-dwt), Hojo (2013-built, 302,965-dwt), Dia (2015-built, 299,999-dwt), Antigone (2015-built, 299,421-dwt), and Aegean (2016-built, 299,999-dwt).
According to CMB.TECH, the sale will generate a capital gain of approximately $261.1m in the first quarter of 2026, based on the net sales price and book values.
The vessels will be delivered to their new owner in the first quarter of 2026.
Meanwhile, CMB.TECH has sold two capesize vessels through its Bocimar arm. To remind, Bocimar owns and operates bulkers and transports coal, iron ore, grain and minor bulks.
The vessels sold are the 2009-built Golden Magnum with 179,790-dwt and the 169,390-dwt Belgravia also built in 2009.
These sales will generate a capital gain of around $8.1m in the first quarter of 2026, according to CMB.TECH, based on the net sales price and book values. The vessels have been delivered to their new owners in January 2026.
CMB.TECH said the proceeds of these sales will be used to repay existing debt facilities and it is CMB.TECH’s intention to distribute 50% of the profit of these sales.
The recent vessel sales form part of the 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.
