Welcome to our dedicated page for Cmb.Tech news (Ticker: CMBT), a resource for investors and traders seeking the latest updates and insights on Cmb.Tech stock.
CMB.Tech (CMBT) delivers essential maritime energy logistics through crude oil transportation and floating storage solutions. This news hub provides investors and industry professionals with timely updates about the company's operations and market activities.
Access official press releases and verified news covering earnings reports, fleet expansions, strategic partnerships, and regulatory developments. Our curated collection ensures you stay informed about CMB.Tech's tanker operations, FSO service innovations, and responses to energy market dynamics.
Key updates include operational milestones in voyage charters, advancements in offshore storage technology, and leadership initiatives addressing environmental compliance. Bookmark this page for direct access to primary sources about CMB.Tech's role in global oil logistics.
CMB.TECH (NYSE:CMBT) reported Q2 2025 results, marking a significant transformation with the completion of its merger with Golden Ocean. The company posted a net loss of $7.6 million ($-0.04 per share) compared to a net gain of $184.4 million in Q2 2024. Q2 2025 EBITDA reached $224.1 million, down from $261.2 million year-over-year.
Key developments include the merger completion adding 89 dry bulk vessels, bringing the total fleet to 250 ships, and the delivery of 8 newbuilding vessels. The company declared an interim dividend of $0.05 USD and maintains a strong contract backlog of $2.93 billion. Notable vessel sales generated significant capital gains, including $57.1 million from VLCC Iris.
CMB.TECH (NYSE: CMBT) announced a transparency notification from Saverco NV regarding a passive threshold crossing below 65% ownership. The change occurred following a capital increase on August 20, 2025, where 95,952,934 new shares were issued as part of CMB.TECH's merger with Golden Ocean Group Limited.
The notification details show that after the transaction, the combined holdings of Saverco NV, CMB NV, and CMB.TECH NV amount to 204,558,736 shares, representing 64.74% of total voting rights. The largest stake is held by CMB NV with 56.56%, followed by CMB.TECH NV with 8.17%, and Saverco NV with 0.01%.
CMB.TECH (NYSE: CMBT) has successfully completed its merger with Golden Ocean Group Limited, creating one of the world's largest diversified maritime groups. The stock-for-stock merger was approved by 92.72% of Golden Ocean shareholders, with CMB.TECH issuing 95,952,934 new ordinary shares at an exchange ratio of 0.95 CMB.TECH shares for each Golden Ocean share.
The merged entity now features a combined fleet of 250 vessels valued at approximately $11.1 billion, including dry bulk vessels, crude oil tankers, and container ships. Notable highlights include 80+ hydrogen- and ammonia-ready vessels, a young fleet averaging 6.1 years, and a substantial $3.0 billion contract backlog. The company maintains strong liquidity exceeding $400 million and will trade on three major exchanges: New York, Brussels, and Oslo.
CMB.TECH (NYSE: CMBT) announced that Golden Ocean Group Limited (NASDAQ: GOGL) shareholders have approved all resolutions at their Special General Meeting, including the stock-for-stock merger between Golden Ocean and CMB.TECH Bermuda Ltd., a wholly-owned subsidiary of CMB.TECH.
Under the merger terms, each Golden Ocean common share will be exchanged for 0.95 CMB.TECH ordinary shares. The merger is expected to close on August 20, 2025, with CMB.TECH Bermuda Ltd. as the surviving company and CMB.TECH as the issuer of merger consideration shares.
CMB.TECH (NYSE: CMBT) has published an exemption document regarding its planned stock-for-stock merger with Golden Ocean Group Limited (NASDAQ: GOGL). The document outlines the merger's main features and has been prepared for the admission of new CMB.TECH shares to trading on Euronext Brussels and secondary listing on Euronext Oslo Børs.
The exemption document, available on CMB.TECH's website, is for informational purposes only and does not constitute a prospectus or offer to buy/sell securities. Additionally, CMB.TECH's supervisory board has prepared a special report regarding the capital increase and share contribution related to the merger, in accordance with Belgian regulations.
CMB.TECH (NYSE: CMBT) has announced it will release its Q2 2025 earnings report before market opening on August 28, 2025, followed by a conference call at 8 a.m. EST / 2 p.m. CET. The announcement comes amid a pending stock-for-stock merger with Golden Ocean Group Limited.
Due to the merger's proximity, CMB.TECH indicates that preliminary, unaudited Q2 2025 figures will be provided, though these are subject to finalisation and may change upon the official release. The conference call will be conducted via webcast with an accompanying slideshow presentation, with both phone and web attendance options available.
CMB.TECH (NYSE: CMBT) has provided an update on its planned stock-for-stock merger with Golden Ocean Group Limited (NASDAQ: GOGL). The merger will see Golden Ocean merge with CMB.TECH Bermuda Ltd., a wholly-owned subsidiary of CMB.TECH.
Key terms include an exchange ratio of 0.95 CMB.TECH ordinary shares for each Golden Ocean common share, resulting in approximately 95,952,934 new CMB.TECH ordinary shares to be issued. Golden Ocean will hold a special general meeting on August 19, 2025, to vote on the merger approval.
Subject to shareholder approval and other conditions, the merger is expected to close around August 20, 2025, marking the first trading day for new shares on NYSE, Euronext Brussels, and Euronext Oslo Børs. The company has noted receipt of demand letters regarding additional disclosure and potential dissenting shareholder actions.
CMB.TECH (NYSE: CMBT) has provided an update on its stock-for-stock merger with Golden Ocean Group Limited (NASDAQ: GOGL). The merger will exchange Golden Ocean shares for 0.95 CMB.TECH ordinary shares per Golden Ocean share, resulting in approximately 95.9 million new CMB.TECH shares being issued.
Golden Ocean will hold a special general meeting on August 19, 2025, with the merger expected to complete around August 20, 2025. Post-merger, CMB.TECH shareholders will own approximately 70% of the combined company, while Golden Ocean shareholders will hold 30%. The merger will create one of the largest listed diversified maritime groups globally, with a combined fleet of approximately 250 vessels.
The transaction has received German antitrust clearance and SEC registration effectiveness. Golden Ocean will delist from Nasdaq and Oslo Børs, while CMB.TECH will maintain NYSE and Euronext Brussels listings and pursue an Oslo Børs secondary listing.