CMB.TECH (CMBT) to book 98.2m USD gain from sale of two VLCCs in Q2 2026
Rhea-AI Filing Summary
CMB.TECH NV has sold two very large crude carriers, Ingrid and Ilma, each built in 2012 with a deadweight of 314,000 tonnes. The company expects this sale to generate a capital gain of approximately 98.2 million USD in Q2 2026, when the vessels are delivered to their new owner.
The update also notes that CMB.TECH plans to announce its Q4 2025 results on 26 February 2026. CMB.TECH describes itself as a large diversified maritime group with a fleet of about 250 vessels and additional activities in hydrogen and ammonia fuel.
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Insights
CMB.TECH crystallizes a sizable vessel sale gain in Q2 2026.
CMB.TECH reports that selling two 2012-built VLCCs, Ingrid and Ilma, will generate a capital gain of approximately 98.2 million USD in Q2 2026. This suggests the vessels were sold above their book values, providing a one-off uplift to profits.
The gain is tied to both the net sales price and existing book values, with cash and earnings impact concentrated around the Q2 2026 delivery window. The company also flags its upcoming 26 February 2026 Q4 2025 results announcement, which may give more context on overall fleet strategy and capital allocation.
FAQ
What vessels did CMBT sell in this February 2026 update?
How much capital gain will CMBT record from the VLCC sale?
When will the sold VLCCs be delivered to their new owner?
When will CMBT announce its Q4 2025 financial results?
What type of company is CMB.TECH (CMBT) and what does it operate?
On which exchanges is CMB.TECH (CMBT) listed?
AI-generated analysis. How Rhea-AI works. Not financial advice.
