DivestmentAug 11, 2026, 02:04 AM
CMB.TECH Sells Suezmax Vessel, Generating $56.9M Capital Gain
AI Summary
CMB.TECH NV announced the sale of one Suezmax vessel, the Suezmax Bristol, which is expected to generate a capital gain of approximately $56.9 million USD. This gain will be recognized in the fourth quarter of 2026, coinciding with the vessel's delivery to its new owner. CMB.TECH is a diversified maritime group with a fleet of about 250 vessels, also offering hydrogen and ammonia fuel solutions.
Key Highlights
- CMB.TECH sold one Suezmax vessel, the Suezmax Bristol.
- The sale is expected to generate a capital gain of approximately $56.9 million USD.
- The capital gain will be recognized in Q4 2026.
- The vessel will be delivered to its new owner in Q4 2026.
- The Suezmax Bristol was built in 2024 and has a deadweight of 156,851 dwt.
Price Impact
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