CMB.TECH (NYSE: CMBT) books $100.5M gain on two Suezmax sales
Rhea-AI Filing Summary
CMB.TECH NV has sold two 2023-built Suezmax tankers, Brest and Brugge, and expects a capital gain of approximately 100.5 million USD in Q3 2026. The vessels, each 156,851 DWT, will be delivered to their new owner in Q3 2026.
The company describes Suezmax valuations as historically strong and says the proceeds will be deployed in line with its capital allocation strategy to support growth of its diversified maritime group. CMB.TECH also notes it will announce its Q2 2026 results on 27 August 2026.
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Insights
CMB.TECH locks in a sizable vessel-sale gain amid strong Suezmax values.
CMB.TECH is capitalizing on strong Suezmax tanker valuations by selling two 2023-built vessels, Brest and Brugge. The transaction is expected to generate a capital gain of about 100.5 million USD in Q3 2026, highlighting active fleet and balance sheet management.
The company states it will reinvest returns in line with its capital allocation strategy to support growth of its diversified maritime group. This suggests a recycling of capital from crude tankers into other opportunities, without specifying target segments or leverage changes in the excerpt.
CMB.TECH operates a fleet of about 250 vessels and is active in alternative fuels such as hydrogen and ammonia. The gain will be recognized in Q3 2026, while Q2 2026 results are scheduled for release on 27 August 2026, when investors may see more context on capital deployment.
Key Figures
Key Terms
Suezmax financial
capital gain financial
forward-looking statements regulatory
charter rates financial
Continuing Obligations regulatory
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File Number: 001-36810
CMB.TECH NV
De Gerlachekaai 20
2000 Antwerp
Belgium
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Attached hereto as Exhibit 99.1 is a copy of the press release of CMB.TECH NV (the “Company”), dated June 29, 2026, announcing that the Company has sold two Suezmax vessels.
The information contained in Exhibit 99.1 to this report on Form 6-K, excluding the commentary of Alexander Saverys, Chief Executive Officer of the Company, is hereby incorporated by reference into the Company’s registration statement on Form F-3ASR (File No. 333-289724) that was filed with the U.S. Securities and Exchange Commission effective August 20, 2025.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CMB.TECH NV | ||
| (Registrant) | ||
| Dated: June 29, 2026 | ||
| By: | /s/ Ludovic Saverys | |
| Ludovic Saverys | ||
| Chief Financial Officer | ||
Exhibit 99.1
|
|
PRESS RELEASE |
| Monday 29 June 2026 – 08:00 CET | |
| Regulated information | |
CMB.TECH FLEET UPDATE
ANTWERP, Belgium, 29 June 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 two Suezmaxes, generating a capital gain of approximately 100.5 million USD.
Euronav
CMB.TECH has sold two Suezmaxes: Brest (2023, 156,851 DWT) and Brugge (2023, 156,851 DWT). This sale will generate a capital gain of approximately 100.5 million USD in Q3 2026, based on the net sale price and book values. The vessels will be delivered to their new owner in Q3 2026.
"Historically strong Suezmax valuations have created an opportunity to unlock value at an attractive point in the cycle. We will deploy those returns in line with our capital allocation strategy and invest in the continued growth of our diversified maritime group.," said Alexander Saverys, CEO of CMB.TECH.
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.
| Head of Marketing & Communications Katrien Hennin | Tel: +32 499393470 katrien.hennin@cmb.tech | Head of Investor Relations | Tel: +32 498617111 Page 1 of 2 |
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| PRESS RELEASE |
| Monday 29 June 2026 – 08:00 CET | |
| Regulated information | |
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.
| Head of Marketing & Communications | Tel: +32 499393470 | Head of Investor Relations | Tel: +32 498617111 |
Katrien Hennin | katrien.hennin@cmb.tech | Joris Daman | joris.daman@cmb.tech |
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