CMB.TECH fleet update
Rhea-AI Summary
CMB.TECH (NYSE/Euronext: CMBT; Euronext Oslo Børs: CMBTO) has agreed to sell its VLCC Donoussa (built 2016, 299,999 dwt). The transaction is expected to generate an estimated USD 74.4 million capital gain in Q4 2026, when the vessel is scheduled to be delivered to its new owner. The company also plans to announce its Q2 2026 results on 27 August 2026.
Positive
- Capital gain of ~USD 74.4 million expected in Q4 2026 from VLCC Donoussa sale
Negative
- None.
News Explained
The 3 August release describes the VLCC Donoussa as sold, while delivery to the new owner and the approximately
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 29 | Fleet sale | Positive | -0.1% | Two Suezmax tanker sales expected to generate USD 100.5 million capital gain |
| Jun 22 | Charter agreement | Positive | +5.9% | Fortescue agreement covered up to 12 ammonia-capable Newcastlemax bulkers |
| May 21 | Shareholder distribution | Positive | -0.6% | Shareholders approved USD 130 million to USD 200 million distribution |
| May 19 | Q1 earnings | Positive | +10.3% | Q1 profit reached USD 368.8 million with USD 1.27 basic EPS |
| May 07 | Results scheduling | Neutral | -0.1% | Company scheduled Q1 2026 results release for 19 May 2026 |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Positive announcements produced mixed reactions, with the comparable June fleet sale diverging while the June agreement and Q1 earnings aligned positively.
Key Terms
vlcc technical
capital gain financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
CMB.TECH FLEET UPDATE
ANTWERP, Belgium, 3 August 2026, 08:00 CET – CMB.TECH NV (“CMBT”, “CMB.TECH” or “the company”) (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) has sold one VLCC, generating a capital gain of approximately 74.4 million USD.
Euronav
CMB.TECH has sold the VLCC Donoussa (2016, 299,999 dwt). This sale will generate a capital gain of approximately 74.4 million USD in Q4 2026, based on the net sale price and book values. The vessel will be delivered to its new owner in Q4 2026.
Announcement Q2 2026 results – 27 August 2026
About CMB.TECH
CMB.TECH (all capitals) is one of the largest listed, diversified and future-proof maritime groups in the world with a combined fleet of about 250 vessels: dry bulk vessels, crude oil tankers, chemical tankers, container vessels and offshore energy vessels. CMB.TECH also offers hydrogen and ammonia fuel to customers, through own production or third-party producers.
CMB.TECH is headquartered in Antwerp, Belgium, and has offices across Europe, Asia and Africa.
CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol “CMBT” and on Euronext Oslo Børs under the ticker symbol “CMBTO”. More information can be found at https://cmb.tech
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbour protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbour legislation. The words "believe", "anticipate", "intends", "estimate", "forecast", "project", "plan", "potential", "may", "should", "expect", "pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the United States Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.
This information is published in accordance with the requirements of the Continuing Obligations on Euronext Oslo Børs.
Contact
CMB.TECH
Katrien Hennin
Head of Marketing and Communications
+32 499 39 34 70
katrien.hennin@cmb.tech
Joris Daman
Head of Investor Relations
Tel: +32 498 61 71 11
joris.daman@cmb.tech
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